« previous next »

Author Question: The U.S. Post Office is interested in estimating the mean weight of packages shipped using the ... (Read 52 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Jun 24, 2018
The U.S. Post Office is interested in estimating the mean weight of packages shipped using the overnight service. They plan to sample 300 packages. A pilot sample taken last year showed that the standard deviation in weight was about 0.15 pound.
 
  If they are interested in an estimate that has 95 percent confidence, what margin of error can they expect?A) Approximately 0.017 pound
  B) About 0.0003 pound
  C) About 1.96
  D) Can't be determined without knowing the population mean.

Question 2

A consumer products company is planning to introduce a new product. The method that is least likely to be used to assess the probability of the product being successful is:
 
  A) classical probability assessment.
  B) subjective assessment.
  C) relative frequency of occurrence.
  D) elementary events.


Sassygurl126

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Interested in social reform, Harriet Martineau (1802–1876) turned to sociology, where she ... Interested in social reform, Harriet Martineau (1802–1876) turned to sociology, where she ...
Bronfenbrenner was interested in bidirectional relationships between different levels of the ... Bronfenbrenner was interested in bidirectional relationships between different levels of the ...
Post-transcriptional processing. Post-transcriptional processing.
An incubator for office use. An incubator for office use.
Post-Soviet Challenges Post-Soviet Challenges
Technology in the Law Office Technology in the Law Office
Video: Deglutition

For a complete list of videos, visit our video library