Author Question: For a given data set, the confidence interval will be wider for 95 confidence than for 90 ... (Read 90 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
For a given data set, the confidence interval will be wider for 95 confidence than for 90 confidence.
 
  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 20 that the time lapsed will be shorter than how many seconds?
 
  What will be an ideal response?



shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

TRUE

Answer to Question 2

14 seconds



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library