Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Of 58 bank customers depositing a check, 15 received some cash back. to} Construct a 90 percent confidence interval for the proportion of all depositors

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Of 58 bank customers depositing a check, 15 received some cash back. to} Construct a 90 percent confidence interval for the proportion of all depositors who ask for cash back. {Round your answers to 4 decimal plat-55.} The 90% confidence interval is from | to | (b) May normality of p be assumed? Cl Yes O No Use the sample information 5: = 43, = 3, n = '11 to calculate the following condence intervals for ,1! assuming the sample is from a normal population. la} 90 percent condence. (Round your answers to 4 decimal places.} The 90% confidence interval is from |to lb} 95 percent confidence. {Round your answers to 4 decimal places} The 95% confidence interval is from | to [c199 percent condence. (Round your answers to 4 decimal places} The 99% confidence interval is from to id} Describe how the intervals change as you increase the condence level. O The interval gets narrower as the condence level increases. 0 "he interval gets wider as the condence level decreases. 0 "he interval gets wider as the condence level increases. O The interval stays the same as the condence level increases. The Ball Corporation's beverage can manufacturing plant in Fort Atkinson, Wisconsin, uses a metal supplier that provides metal with a known thickness standard deviation 0: .000672 mm. Assume a random sample of 56 sheets of metal resulted in an :E = .2737 mm. Calculate the 98 percent confidence interval for the true nean metal thickness. [Round your answers to 4 decimal places.) The 98% condence interval is from | to | A random sample of 27 items is drawn from a population whose standard deviation is unknown. The sample mean is i = 940 and the sample standard deviation is S: 15. Use Appendix D to nd the values of Student's t [a] Construct an interval estimate ofp with 99% confidence. {Round your answers 1.0 3 decimal places.) The 99% confidence interval is from to lb} Construct an interval estimate ofpw'rth 99% confidence, assuming that s = 30. {Round your answers to 3 decimal places.) The 99% confidence interval is from to (c) Construct an interval estimate oft} with 99% condence, assuming that s = 60. {Round your answers to 3 decimal places.) The 99% confidence interval is from to id} Describe how the condence interval changes as s increases. 0 "he interval stays the same as s increases. 0 "he interval gets wider as 5 increases. 0 "he interval gets narrower as s increases. A random sample of 16 pharmacy customers showed the waiting times below On minutes). 15 12 17 19 23 14 Click here forthe Excel Data File 17 25 Find a 90 percent condence interval for p, assu answer to 4 decimal places and t-value to 3 decimal places. Round your answers to 3 decimal places} 14 16 17 22 1? 12 1? 18 'ning that the sample is from a normal population. {Round your standard deviation The 90% confidence interval to| Calculate the standard error. May normality be assumed? [Round your answers to 4 decimal placesJ Standard Error Normality (a) n = 25, SIT = .56 (Click to select]v (b) n = 5+3, :7 = 42 (Click toselectlv (c) n = 93, if = 41 (Click to selecv (d) n = 485, I = .664 (Click to select}v

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Differential Equations For Engineers

Authors: Wei Chau Xie

1st Edition

0511771037, 9780511771033

More Books

Students also viewed these Mathematics questions

Question

Compare different frameworks for HRD evaluation

Answered: 1 week ago