This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A population parameter is used to estimate a confidence interval. Indicate whether the statement ... (Read 81 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 24, 2018
A population parameter is used to estimate a 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. What is the probability that the time lapsed between two consecutive trades will be between 14 and 17 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

cam1229

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

73 or 0.73


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Natural selection of a population for dark coloration. Natural selection of a population for dark coloration.
The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
Human Population Blasts Off Human Population Blasts Off
The Median Age of the U.S. Population The Median Age of the U.S. Population
The population of Asia increases rapidly, the demand for food and water is also growing The population of Asia increases rapidly, the demand for food and water is also growing
Video: Hyperglycemia Animation

For a complete list of videos, visit our video library