You want to construct a 95% confidence interval for the performance of a large population of...
You want to construct a 95% confidence interval for the performance of a large population of mutual funds. Assume returns are independent across funds, and the standard deviation of fund returns is 8.1 %. If you want the width of your interval to be 2.4 %, what sample size must you collect? Assume sample is large enough that the sample mean is normally distributed. Enter answer as the smallest integer sample that will accomplish your objective. I need it to be done on excel and please show the steps.
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You want to construct a 95% confidence interval for the
performance of a large population of...
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find...
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find an estimate of the sample size needed to obtain the specified margin of error for the 95% confidence interval. The sample standard deviation is given below. Margin of error equals$5, standard deviation equals$19 The required sample size is __.
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find...
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find an estimate of the sample size needed to obtain the specified margin of error for the 95% confidence interval. The sample standard deviation is given below. Margin of error =$5,standard deviation=$25 The required sample size is ????? (Round up to the nearest whole number as needed.)
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find...
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find an estimate of the sample size needed to obtain the specified margin of error for the 95% confidence interval. The sample standard deviation is given below. Margin of errorequals $3, standard deviationequals $23 The required sample size is nothing . (Round up to the nearest whole number as needed.)
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find...
Assume that you want to construct a 95% confidence interval estimate of a population mean. Find an estimate of the sample size needed to obtain the specified margin of error for the 95% confidence interval. The sample standard deviation is given below. Margin of error equals=$66, standard deviation equals=$2222 The required sample size is _____. (Round up to the nearest whole number as needed.)
To estimate the proportion of voters, you want to construct a 95% confidence interval for the...
To estimate the proportion of voters, you want to construct a 95% confidence interval for the population proportion with maximum error 0.052. How large a sample must be taken?
Assume the portfolio returns for a large population of large cap equity funds has a standard...
Assume the portfolio returns for a large population of large cap equity funds has a standard deviation of 6.9 %, and returns are independent across funds. If you are collecting a random sample of fund returns and want the standard deviation of sample mean distribution to be at most 1.5 %, what is the size of the sample you must collect? The answer should be 22.
Confidence Intervals 9. Construct a 95 % confidence interval for the population mean, . In a...
Confidence Intervals 9. Construct a 95 % confidence interval for the population mean, . In a random sample of 32 computers, the mean repair cost was $143 with a sample standard deviation of $35 (Section 6.2) Margin of error, E. <με. Confidence Interval: O Suppose you did some research on repair costs for computers and found that the population standard deviation, a,- $35. Use the normal distribution to construct a 95% confidence interval the population mean, u. Compare the results....
And construct a 95% confidence interval for the population mean for sample B 8.2.13-1 95% confidence...
And construct a 95% confidence interval for the population mean
for sample B
8.2.13-1 95% confidence interval for the population mean for each of the samples below plain why these Assuming that the population is normally distributed, construct a two samples produce differen t confidence intervals even though they have the same mean and range Full dataset SampleA: 1 1 4 4 5 5 8 8 Sample B: 1 2 3 45 6 7 8 Construct a 95% confidence interval...
8. (9 pts) Suppose that we want to construct a 95% confidence interval to estimate the...
8. (9 pts) Suppose that we want to construct a 95% confidence interval to estimate the percentage of voters who would vote a candidate. We suggest that approximately 46% would vote for the candidate. Suppose that we want the margin of error for the confidence interval is no more than 1%. Determine how large the sample size should be.
Construct a 95% confidence interval for the population standard deviation sigma of a random sample of...
Construct a 95% confidence interval for the population standard deviation sigma of a random sample of 15 men who have a mean weight of 165.2 pounds with a standard deviation of 12.5 pounds. Assume the population is normally distributed.
Confidence Intervals 9. Construct a 95 % confidence interval for the population mean, . In a random sample of 32 computers, the mean repair cost was $143 with a sample standard deviation of $35 (Section 6.2) Margin of error, E. <με. Confidence Interval: O Suppose you did some research on repair costs for computers and found that the population standard deviation, a,- $35. Use the normal distribution to construct a 95% confidence interval the population mean, u. Compare the results....
And construct a 95% confidence interval for the population mean
for sample B
8.2.13-1 95% confidence interval for the population mean for each of the samples below plain why these Assuming that the population is normally distributed, construct a two samples produce differen t confidence intervals even though they have the same mean and range Full dataset SampleA: 1 1 4 4 5 5 8 8 Sample B: 1 2 3 45 6 7 8 Construct a 95% confidence interval...
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