What is the confidence level of each of the following confidence intervals for ? a. x
Question:
a. x̅ ± 1.96 (σ/√n)
b. x̅ ± 1.645 (σ/√n)
c. x̅ ± 2.575 (σ/√n)
d. x̅ ± 1.282 (σ/√n)
e. x̅ ± .99 (σ/√n)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
a z 2 196 using Table II Appendix D P0 z 196 4750 Thus 2 54750 025 2025 ...View the full answer
Answered By
Fahmin Arakkal
Tutoring and Contributing expert question and answers to teachers and students.
Primarily oversees the Heat and Mass Transfer contents presented on websites and blogs.
Responsible for Creating, Editing, Updating all contents related Chemical Engineering in
latex language
4.40+
8+ Reviews
22+ Question Solved
Related Book For
Statistics For Business And Economics
ISBN: 9780134506593
13th Edition
Authors: James T. McClave, P. George Benson, Terry Sincich
Question Posted:
Students also viewed these Statistics questions
-
What is the confidence level of the confidence interval given in Exercise 2? What is a confidence level in general? Exercise 2 Here is a 95% confidence interval estimate of the proportion of all job...
-
What is the confidence for a second tank, given that a tank has been purchased?
-
What is the confidence for fins, given that a tank has been purchased?
-
What is the payback period for a project that has an initial investment of $117,000 and $10,000 net cash inflow in the first year, with a $1,000 increase in net cash inflows each year thereafter for...
-
An 8-kg cylinder C is released from rest in the position shown and drops onto a 5-kg platform A which is at rest and is supported by an inextensible cord attached to a 5-kg counterweight B. Knowing...
-
The accompanying table shows the U.S. domestic demand schedule and domestic supply schedule for oranges. Suppose that the world price of oranges is $0.30 per orange. a. Draw the U.S. domestic supply...
-
20. Firm A has a stock price of \($40\) and has made an offer for firm B where A promises to pay $60/share for B, as long as As stock price remains between \($35\) and \($45\). If the price of A is...
-
Laura Moore has recently left her job as a Graphic Designer to open her own Company; a Graphic Design Agency dedicated to the creation and design of apps for mobile devices. Laura has decided to be...
-
how Amazon uses AI for the recruitment process and how its benefits the company
-
1. These examples show people at different stages of their professional lives choosing to become business owners with the help of a franchise. What conclusions can you draw from their stories about...
-
Named for the section of the Internal Revenue Code that authorized them, 401(k) plans permit employees to shift part of their before-tax salaries into investments such as mutual funds. One company,...
-
In Psychological Science (Vol. 22, 2011), researchers reported that a chief executive officer's facial structure can be used to predict a firm's financial performance. The study involved measuring...
-
The two eight-point sequences x 1 [n] and x 2 [n] shown in Figure have DFTs X 1 [k] and X 2 [k], respectively. Determine the relationship between X 1 [k] and X 2 [k]. 0 1 2 3 4 5 6 7 8 x2{n] 0 1 2 3...
-
Hogan Business Systems has a small number of sales on account but is mostly a cash business. Consequently, it uses the direct write-off method to account for uncollectible accounts. During 2011 Hogan...
-
Bourret Inc. experienced the following events for the first two years of its operations. 2011: 1. Provided \(\$ 60,000\) of services on account. 2. Provided \(\$ 25,000\) of services and received...
-
A flowrate of lubricant oil is \(5 \mathrm{~kg} / \mathrm{s}\) passing through a Venturi tube. The ratio of areas of the Venturi tube is \(0.005 \mathrm{~m}^{2} /0.002 \mathrm{~m}^{2}\). The density...
-
Sketch on separate axes, in the interval 0 360, the graphs of: In each case show the coordinates of any maximum and minimum points, and of any points at which the curve meets the axes. a y = sec...
-
The wheel of radius \(r=300 \mathrm{~mm}\) rolls to the right without slipping and has a velocity \(v_{O}=3 \mathrm{~m} / \mathrm{s}\) of its center \(O\). Calculate the velocity of point \(A\) on...
-
Give the names of the ores from which (a) Mg, (b) Al, (c) Pb, (d) Fe are extracted.
-
Troy is a qualified radiologist who operates a successful radiology practice from purpose- built rooms attached to his house. Troy works in the practice three days a week, and the other two days he...
-
Refer to Exercise 6.5 and find E(x) = μ. Then use the sampling distribution of x-bar found in Exercise 6.5 to find the expected value of x-bar. Note that E(x-bar) = μ. In...
-
In Example, we use the computer to generate 1,000 samples, each containing n = 11 observations, from a uniform distribution over the interval from 150 to 200. Now use the computer to generate 500...
-
Consider the following probability distribution: a. Find . b. For a random sample of n = 3 observations from this distribution, find the sampling distribution of the sample mean. c. Find the sampling...
-
Show that the convexity for a zero coupon bond with m payments per year is (m) n(n + -)(1+ m m
-
Abdul Canarte , a Central Bank economist, noticed that the total group purchasing basket of goods (CPI) has gone from $149,740.00 to $344,460.00 in 8 years. With monthly compounding, what is the...
-
ABC Corporation expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6...
Study smarter with the SolutionInn App