Question

Stions Exercise 08.01 Algorithmic Question of II Check My Work eBook 2. Round your answers - A simple random sample of 40 ite
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Part 1
Standard error formula Standard deviation
(number of items )^1/2
Standard error         2     
       (40 )^1/2
Standard error 0.316227766
Part 2
Margin of error formula (Standard deviation)/((number of items )^1/2)* Z     
Confidence level 95%
Z value at 95 % 1.96 Value obtained from the confidence table
=(2/(40^(1/2)))*1.96
Margin of error 0.619806421
Add a comment
Know the answer?
Add Answer to:
Stions Exercise 08.01 Algorithmic Question of II Check My Work eBook 2. Round your answers -...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Exercise 08.01 Algorithmic Question 1 of Check My WC eBook Book A simple random sample of...

    Exercise 08.01 Algorithmic Question 1 of Check My WC eBook Book A simple random sample of 10 items resulted in a sample mean of 10. The population standard deviation is o = 4. Round your answers to two decimal places. a. What is the standard error of the mean, Oz? b. At 95% confidence, what is the margin of error? 3:43 PM

  • Exercise 07.17 Algorithmic Question 4 of 8 Check My Work eBook = 9. Find the value...

    Exercise 07.17 Algorithmic Question 4 of 8 Check My Work eBook = 9. Find the value of the standard error of the mean in each of the following cases Suppose a random sample of size 50 is selected from a population with . (use the finite population correction factor if appropriate). a. The population size is infinite (to 2 decimals). b. The population size is N = 50,000 (to 2 decimals). c. The population size is N = 5000 (to...

  • Exercise 07.07 (Self-Test) Algorithmic Questions Question 5 of 7 3 Check My Work 4. 5. eBook...

    Exercise 07.07 (Self-Test) Algorithmic Questions Question 5 of 7 3 Check My Work 4. 5. eBook Video 6. The following data are from a simple random sample. 7 2, 8, 12, 6, 12, 14 a. What is the point estimate of the population mean? b. What is the point estimate of the population standard deviation (to 1 decimal)? 13 Hide Feedhack Partially Correct Questions Exercise 07.01 (Self-Test) Algorithmic Question 7 of 7 A-Z Check My Work 6. eBook Video Consider...

  • Exerdse 08.23 Algorithmic e Question 5ofe Check My Work eBook How large a sample should be...

    Exerdse 08.23 Algorithmic e Question 5ofe Check My Work eBook How large a sample should be selected to provide a next whole number 5% confidence interval with a margin of error of 1? Assume that the population standard deviation is 20 Round your answer to Show All Feedback

  • Check My Work eBook How large a sample should be selected to provide a 95% confidence...

    Check My Work eBook How large a sample should be selected to provide a 95% confidence interval with a margin of error of 8? Assume that the population standard deviation is 10, Round your answer to next whole number. Check My Work ๛ Icon Key Exercise 08.23 Algorithmic Question 12 of 20

  • Exercise 10.05 Algorithmic Save Submit Assignment for Grading Question 2 of 14 Check My Work eBook...

    Exercise 10.05 Algorithmic Save Submit Assignment for Grading Question 2 of 14 Check My Work eBook The average expenditure on Valentine's Day was expected to be $100.89 (USA Today, February 13, 2006). Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 46 male consumers was $136.59, and the average expenditure in a sample survey of 32 female consumers was $69.13. Based on past surveys, the standard deviation for male consumers...

  • Exercise 08.01 A simple random sample of 40 items resulted in a sample mean of 25....

    Exercise 08.01 A simple random sample of 40 items resulted in a sample mean of 25. The population standard deviation is 5. a. What is the standard error of the mean (to 2 decimals)? b. At 95% confidence, what is the margin of error (to 2 decimals)?

  • Submit Assignment for Grading Save Exit tor Exercise 10.05 Algorithmic Question 1 of 3 Check My...

    Submit Assignment for Grading Save Exit tor Exercise 10.05 Algorithmic Question 1 of 3 Check My Work (No more tries available) The USA Today reports that the average expenditure on Valentine's Day is $100.89. Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 40 male consumers was $135.67, and the average expenditure in a sample survey of 30 female consumers was $68.64. Based on past surveys, the standard deviation for...

  • Questions Exercise 08.33 Algorithmie Question 8 of 1 Check My Worl eBook In a survey, the...

    Questions Exercise 08.33 Algorithmie Question 8 of 1 Check My Worl eBook In a survey, the planning value for the population proportion is p 0 .25. How large a sample should be taken to provide a 95% confidence interval with a margin of error of 0.057 Round your answer to next whole number. 11. Check My Work Ole E Exercise 08.33 Algorithmic Question of 11

  • tal Score: Save Submit Assignment for Gra Submit Assian Exercise 07.17 Algorithmic Question 4 of Check...

    tal Score: Save Submit Assignment for Gra Submit Assian Exercise 07.17 Algorithmic Question 4 of Check My Wor eBook Suppose a random sample of size 42 is selected from a population with o = 11. Find the value of the standard error of the meanin each of the following cases (use the finite population correction factor if appropriate). a. The population size is infinite (to 2 decimals). b. The population size is N = 50,000 (to 2 decimals). c. The...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT