Suppose the cost of sampling is 50 cents per observation. If the population has zero variance, large
Question:
Suppose the cost of sampling is 50 cents per observation. If the population has zero variance, large a sample should be collected to estimate mean of the population?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
In a population with zero variance the mean and all individual values are iden...View the full answer
Answered By
Amos Kiprotich
I am a wild researcher and I guarantee you a well written paper that is plagiarism free. I am a good time manager and hence you are assured that your paper will always be delivered a head of time. My services are cheap and the prices include a series of revisions, free referencing and formatting.
4.90+
15+ Reviews
21+ Question Solved
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted:
Students also viewed these Business questions
-
The Delhi police are interested in determining the average speed of automobiles traveling on the Delhi-Agra Highway. To accomplish this task, the speed of every tenth car passing a particular point...
-
The file DVD Movies.xlsx contains a large data set of 10,000 customer transactions for a fictional chain of video stores in the United States. Each row corresponds to a different customer and lists...
-
1. How should the sampling universe be defined? 2. How large a sample should be collected? 3. How should the sample be distributed geographically? One of the products marketed by Talbot Razor...
-
Reset all of the assumptions to the original values. Then assess the sensitivity of the impairment test results by changing the following assumptions listed below. Assumption Name: Revised...
-
Personal selling 200 Words each on an existing Target Dept. store company. Within the branding strategy plan, include information on the brand's introductory strategies, as well as how those...
-
Restaurant Brands International, Inc. reports the following in footnote 13 to their financial statements in their 2017 I 0-K related to redeemable preferred stock. Note 13 Redeemable Preferred Shares...
-
Redo the table on p. 700 for Spain and Tunisia assuming two situations: no debt and 500 of debt at 7%. Assume Tunisian tax rate on interest is 35%. State your views. The net return of Enterprise...
-
Brent, Matt, Chris, Brad, and Anwer are five unrelated shareholders who each own 20 of the 100 outstanding shares of Aggie Corporation. On June 30 of this year, Aggie distributed $100,000 in cash to...
-
Date 8/11/23 Find the rational fraction in lowest terms represented by the periodic decimal. 1) 0.44444...
-
Suppose you would like to randomly select four of the following six companies for a study: IBM, Apple Computer, AT&T, MCI, Ford, and Chrysler. What is the probability that Apple Computer will be in...
-
In each of the following cases, find the mean a standard deviation of the sampling distribution for the sample mean, for a sample of size n from a population with mean m and standard deviation . (a)...
-
As the HR manager, you have heard rumors about potential efforts to unionize your warehouse employees. Use the Employment Law Information Network (www.elinfonet.com/human-resources/Union-Avoidance)...
-
The order for a patientis Robitussin syrup (guaifenesin) 10mL PO q4h. How many ounces of Robitussin wouldthe patient have received by 10 p.m. if the first dose wasadministered at noon?
-
Assume that on January 1, 2019, a parent sells to its wholly owned subsidiary, for a sale price of $243,000, equipment that originally cost $276,000. The parent originally purchased the equipment on...
-
In 1975, the National Bowling League NBL allowed one of its charter member teams to trademark its team name as The Drunken Irish . The team often nicknamed The Drunks were the top scoring team in the...
-
A nurse is establishing an ideal body weight for a 5\'9\" (175 cm)healthy female. Based on the rule-of-thumb method, what would bethis client\'s ideal weight?
-
A group of researchers study parts of an ecosystem on a small island in the arctic. The researchers use the following notation: t is time measured in years, with t = 0 on 1 January, 2000. H(t) is the...
-
Revise the following sentences to correct comma splices, run-on sentences, fused sentences, and sentence fragments. 1. Members of the group are all experienced presenters, most have had little or no...
-
On March 31, 2018, Gardner Corporation received authorization to issue $30,000 of 9 percent, 30-year bonds payable. The bonds pay interest on March 31 and September 30. The entire issue was dated...
-
What steps can individuals and businesses take to make their smartphones more secure?
-
List and describe the security and control weaknesses at OPM that are discussed in this case.
-
What management , organization, and technology factors contributed to these problems? How much was management responsible?
-
ces Prepare a horizontal analysis of both the balance sheet and income statement. Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a...
-
XYZ Corporation presents in its accounting books the following items related to its income: Sale income $2,000,000 Cost of Goods Sold (1,300,000) Savings account interest income 1,000 New York City...
-
Crane Company Division B recorded sales of $71,700, variable cost of goods sold of $49,600, variable selling expenses of $19,300, and fixed costs of $12,400, creating a loss from operations of...
Study smarter with the SolutionInn App