This topic contains a solution. Click here to go to the answer

Author Question: Solve the problem. Round your answer to the nearest whole number unless indicated otherwise.An ... (Read 150 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535

Question 1

Solve the problem. Round your answer to the nearest whole number unless indicated otherwise.

A government survey conducted to estimate the mean price of  houses in a metropolitan area is designed to have a margin of error of $10,000.  Pilot studies suggest that the population standard deviation is
. Estimate the minimum sample size needed to estimate the population mean with the stated accuracy.
◦ 32
◦ 64
◦ 8
◦ 4096

Question 2

Solve the problem. Round your answer to the nearest whole number unless indicated otherwise.

An economist wants to estimate mean annual income for recent college graduates majoring in statistics.
How many such incomes must be found if he wants to be 95% confident that the sample mean is within  of the true population mean? Assume that a previous study has revealed that for such incomes
= $5250.
◦ 10,500
◦ 470
◦ 21
◦ 441


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by crobinson2013 on Jan 18, 2020

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




crobinson2013

  • Member
  • Posts: 535
Reply 2 on: Jan 18, 2020
Great answer, keep it coming :)


mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library