Estimate the mean selling price of a college


Discuss the below:

Q1) From Past Experience, The Population Standard Deviation Of Rod Diameters Produced By A Machine Has Been Found To Be 3~ = .053 Inches.For A Simple Random Sample Of N=30 Rods/The Average Diameter Is Found To Be X = 1.400 Inches.

A) What Is The Probability That If A Single Rod Is Chosen At Random From The Population That It Will Have A Diameter Of Between 1.400 Inches Plus .106 Inches.

B) What Is The Probability That If A Random Sample Of N=30 Is Taken That The Sample Will Have A Mean Value 1.4055.

C) What Is Your Point Estimate Of The Population Mean.

D) What Is The 95% Confidence Interval For The Population Mean. (Rmw)

Q2) A Simple Random Sample Of N= 10 Employees Has Been Selected From A Firm

In Which A Large Number Of Tax Prepareres Are Employed .Each Of The 10 Persons Has

Been Given The Same Information, Then Asked To Complete The Tax Return.The

Summary Results For The Sample Are X = 39.42 Minutes And 5=13.75 Minutes.

What Is The 99% Confidence Interval For The Population Mean (Rmw)

Q3) A) You Plan To Estimate The Mean Selling Price Of A College Textbook.How Many Textbooks Must You Sample If You Want To Be 95% Confident That The Sample Mean Is Within $ 2 Of The True Population Mean = Jk. (Mt)

B)A Member Of Congress Wants To Determine Her Popularity In A Certain Part Of The State. She Indicates The Proportion Of Voters Who Will Vote For Her Must Be Estimated Within + - 2 Percent Of The Population Proportion .Furthur The 99% Confidence Is To Be Used.In Past Elections The Representative Received 40 % Of The Popular Vote In That Area Of The State.She Doubts Whether It Has Changed Much.How Many Registered Voters Should Be Sampled(Rm)

Q4) In A Random Sample, 136 Of 400 Persons Given A Flu Vaccine Experienced Some Discomfort.Construct A 95% Confidence Interval For The True Proportion Of Persons Who Will Experience Some Discomfort From The Vaccine. (F+S)

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Basic Statistics: Estimate the mean selling price of a college
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