14. Selecting the sample size to estimate a proportion Aa Aa Standard Normal Mean-0 Standard Deviation-1...
Ch 8. Assignment: Interval Estimation Back to Assignment Attempts: Keep the Highest:/1 Aa Aa s. Sample size for an interval estimate of a population proportion Suppose academic researchers are conducting a study to estimate the proportion of firms with a chief marketing officer in their top management teams. The project manager desires a 0.03 margin of error at 99% confidence. The planning value for p is p-0.4 Use the following Distributions tool to help you answer the question that follows...
3. Sample size for estimating a population mean Aa Aa The online clothing retailer e-Parel is conducting a study to estimate the average size of the orders placed by visitors to its website The project manager desires a $40 maximal margin of error at 90% confidence The population standard deviation is unknown, but a preliminary study of a random sample of 55 orders placed at the firm's website provided s $175. use the Distributions tool to help you answer the...
6. Expected value and standard deviation of the sample proportion (finite population)A Aa A local cell phone store just recelved a shipment of 267 cell phone chargers. The manager wants to estimate the number of defective cell phone chargers in the shipment. Rather than checking every cell phone charger, the manager plans to take a simple random sample of size 80 in order to estimate the proportion of defective cel phone chargers in the shipment. If the sample proportion of...
A population has a mean of 300 and a standard deviation of 80. Suppose a sample size 100 is selected and is used to estimate u. Use z-table. a. What is the probability that the sample mean will be within +/- 5 of the population mean (to 4 decimals)? (Round z value in intermediate calculations to 2 decimal places.) .55 b. What is the probability that the sample mean will be within +/- 11 of the population mean (to 4...
2. At a computer manufacturing company, the actual size of computer chips is uormally^ distributed with a mean of 10 centimeter and a standard deviation of 2.1 centimeter. A random sample of 24 computer chips is taken. What is the probability that the sample mean will be between 10.95 and 11.05 centimeters? The personnel director of a large corporation wants to study absenteeism among clerical workers at the corporation's central office during the year. A random sample of 25 clerical...
An IQ test is designed so that the mean is 100 and the standard deviation is 13 for the population of normal adults. Find the sample size necessary to estimate the mean IQ score of statistics students such that it can be said with 90% confidence that the sample mean is within 4 IQ points of the true mean. Assume that σ=13 and determine the required sample size using technology. Then determine if this is a reasonable sample size for...
1. A random sample of n measurements was selected from a population with standard deviation σ=13.6 and unknown mean μ. Calculate a 90 % confidence interval for μ for each of the following situations: (a) n=45, x¯¯¯=89.8 ≤μ≤ (b) n=70, x¯¯¯=89.8 ≤μ≤ (c) n=100, x¯¯¯=89.8 ≤μ≤ (d) In general, we can say that for the same confidence level, increasing the sample size the margin of error (width) of the confidence interval. (Enter: ''DECREASES'', ''DOES NOT CHANGE'' or ''INCREASES'', without the...