Question

Observation in sample: 50 autos Miles Driven until transmission failure: 89346 36289 62559 72989 78146 39722...

Observation in sample: 50 autos

Miles Driven until transmission failure:

89346
36289
62559
72989
78146
39722
76415
29239
89123
65076
70347
65562
88808
93237
57438
98929
71397
37001
119366
72008
76308
122643
57807
75672
51175
84552
29160
97499
101857
26319
78258
145019
67294
66607
95562
75952
67771
56072
34087
63885
122419
73418
86153
89865
62897
90154
68046
37445
117082
81368
72162.4
26060.92

Question 2:

a) The sample standard deviation (error) of the sample mean, s / square root of n , = ________________ .

b) The 95% confidence interval for the population mean of X is : _____________ to ______________

c) How many autos should be used in a random sample if we would like the population mean miles driven until transmission failure to be estimated with a margin of error of 3000 miles at the 99% confidence level? (Use the sample standard deviation as the "planning" value for the population standard deviation.)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

a. The sample standard deviation (error) of the sample mean, = 507.8200

b. The 95% confidence interval for the population mean of X is

(x_bar - Z*sigma/sqrt(n) , x_bar + Z*sigma/sqrt(n))

(72504.9889 , 74170.63873

Add a comment
Know the answer?
Add Answer to:
Observation in sample: 50 autos Miles Driven until transmission failure: 89346 36289 62559 72989 78146 39722...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • In a random sample of 11 people, the mean driving distance to work was 25.2 miles...

    In a random sample of 11 people, the mean driving distance to work was 25.2 miles and the standard deviation was 7.3 miles. Assume the population is normally distributed and use the t-distribution to find the margin of error and construct a 95% confidence interval for the population mean. Identify margin of error Construct a 95% confidence interval for the population mean (___,___)

  • In a random sample of five ​people, the mean driving distance to work was 20.2 miles...

    In a random sample of five ​people, the mean driving distance to work was 20.2 miles and the standard deviation was 5.8 miles. Assuming the population is normally distributed and using the​ t-distribution, a 95​% confidence interval for the population mean μ is (13.0, 27.4) (and the margin of error is 7.2​). Through​ research, it has been found that the population standard deviation of driving distances to work is 6.6.Using the standard normal distribution with the appropriate calculations for a...

  • In a random sample of twelve ​people, the mean driving distance to work was 20.8 miles...

    In a random sample of twelve ​people, the mean driving distance to work was 20.8 miles and the standard deviation was 5.4 miles. Assume the population is normally distributed and use the​t-distribution to find the margin of error and construct a 99​% confidence interval for the population mean mu. Interpret the results. Identify the margin of error.

  • A simple random sample with n = 50 provided a sample mean of 23.5 and a sample standard deviation of 4.2.

    A simple random sample with n = 50 provided a sample mean of 23.5 and a sample standard deviation of 4.2. a. Develop a 90% confidence interval for the population mean (to 1 decimal). b. Develop a 95% confidence interval for the population mean (to 1 decimal). c. Develop a 99% confidence interval for the population mean (to 1 decimal). d. What happens to the margin of error and the confidence interval as the confidence level is increased? 

  • what is the margin of error and the confidence interval? Question Help In a random sample...

    what is the margin of error and the confidence interval? Question Help In a random sample of seven people, the mean driving distance to work was 24.7 miles and the standard deviation was 6.6 miles. Assuming the population is normally distributed and using the I-distribution, a 90% confidence interval for the population mean is (15.5, 33.9) (and the margin of error is 9.2). Through research, it has been found that the population standard deviation of driving distances to work is...

  • A simple random sample with n=56 provided a sample mean of 21.0 and a sample standard...

    A simple random sample with n=56 provided a sample mean of 21.0 and a sample standard deviation of 4.7 . a. Develop a 90% confidence interval for the population mean (to 1 decimal). b. Develop a 95% confidence interval for the population mean (to 1 decimal). c.Develop a 99% confidence interval for the population mean (to 1 decimal). d. What happens to the margin of error and the confidence interval as the confidence level is increased?

  • 6.2.19-T Question Help In a random sample of four microwave ovens, the mean repair cost was...

    6.2.19-T Question Help In a random sample of four microwave ovens, the mean repair cost was $85.00 and the standard deviation was $13.00. Assume the population is normally distributed and use a t-distribution to construct a 99% confidence interval for the population mean μ. What is the margin of error of μ? Interpret the results. The 99% confidence interval for the population mean μ is (DD (Round to two decimal places as needed.) 6.2.21-T Question Help In a random sample...

  • A random sample of 10 pickup trucks in your fleet shows that trucks are driven an...

    A random sample of 10 pickup trucks in your fleet shows that trucks are driven an average of 23,500 miles per year with a standard deviation of 3,900 miles. a. Construct the 99 percent confidence interval for the average number of miles per year a truck in your fleet is driven. b. What can you assert with 99 percent confidence about the possible size of your error if you estimate the distance driven to be 23,500 miles per year?

  • A random sample of 10 pickup trucks in your fleet shows that trucks are driven an...

    A random sample of 10 pickup trucks in your fleet shows that trucks are driven an average of 23,500 miles per year with a standard deviation of 3,900 miles. a. Construct the 99 percent confidence interval for the average number of miles per year a truck in your fleet is driven. b. What can you assert with 99 percent confidence about the possible size of your error if you estimate the distance driven to be 23,500 miles per year?

  • Exercise 8.14 Algorithmic) A simple random sample with n 54 provided a sample mean of 22.0...

    Exercise 8.14 Algorithmic) A simple random sample with n 54 provided a sample mean of 22.0 and a sample standard deviation of 4.1 a. Develop a 90% confidence interval for the population mean (to 2 decimals) b. Develop a 95% confidence interval for the population mean (to 2 decimals). c. Develop a 99% confidence interval for the population mean (to 2 decimals) d. What happens to the margin of error and the confidence interval as the confidence level is increased?...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT