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Author Question: The larger the sampling error, the smaller the sample size needed to develop the confidence ... (Read 111 times)

nummyann

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on: Jun 24, 2018
The larger the sampling error, the smaller the sample size needed to develop the confidence interval.
 
  Indicate whether the statement is true or false

Question 2

Checkout times in a grocery store follow the exponential distribution with a mean time of 6.5 minutes. What is the probability that the checkout time (T) for the next customer will be less than 5 minutes?
 
  A) 0.537
  B) 0.463
  C) 0.257
  D) 0.950


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katkat_flores

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


nummyann

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Reply 2 on: Jun 24, 2018
Wow, this really help

tkempin

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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