This topic contains a solution. Click here to go to the answer

Author Question: Holding the sample size fixed, increasing the level of confidence in a confidence interval will ... (Read 205 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
Holding the sample size fixed, increasing the level of confidence in a confidence interval will necessarily lead to a wider confidence interval.
 
  Indicate whether the statement is true or false

Question 2

You were told that the amount of time lapsed between consecutive trades on the New York Stock Exchange followed a normal distribution with a mean of 15 seconds. You were also told that the probability that the time lapsed between two consecutive trades to fall between 16 to 17 seconds was 13. The probability that the time lapsed between two consecutive trades would fall below 13 seconds was 7. The probability is 80 that the time lapsed will be longer than how many seconds?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

TRUE

Answer to Question 2

14 seconds




sam.t96

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
:D TYSM


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library