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 115 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
YES! Correct, THANKS for helping me on my review

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Population predictions for 2000–2050, using three different total fertility rates ( Population predictions for 2000–2050, using three different total fertility rates (
Trap set to monitor the wild population in the Dryandra Woodland Trap set to monitor the wild population in the Dryandra Woodland
Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Worldwide Variations in Population and Income Levels Worldwide Variations in Population and Income Levels
The Median Age of the U.S. Population The Median Age of the U.S. Population
Population Indicators Population Indicators
Video: Endocytosis -Types and Phagocytosis

For a complete list of videos, visit our video library