Solved: Find the standard deviation s of the, Basic Statistics

+44 141 628 6080
[email protected]

Find the standard deviation s of the

24 credit card holders are selected at random. For each, their current credit card balance is recorded. The average for these 24 people is = $600. Assume that the current balance of all credit card holders follows a normal distribution with unknown mean μ, and that a 85.3% confidence interval for μ is found to be $600 ± 33.1. Find the standard deviation σ of the population?

Solution Preview :

Prepared by a verified Expert

Basic Statistics: Find the standard deviation s of the

Reference No:- TGS02848351

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Basic Statistics

Q : The ratio of total assets to sales is constant at 138 what

fulkerson manufacturing wishes to maintain a sustainable growth rate of 10 percent a year a debtndashequity ratio of 37

Q : One of the major misconceptions about correlation is that a

one of the major misconceptions about correlation is that a relationship between two variables means causation that is

Q : The standard error of the mean for a sample of size 140 is

the standard error of the mean for a sample ofnbspsize 140nbspis 25 in order to cut the standard error of the mean in

Q : From the readings describe at least one challenge you have

you have read about the unique challenges of those who need to balance work and family life including parenting as a

Q : Find the standard deviation s of the

24 credit card holders are selected at random for each their current credit card balance is recorded the average for

Q : A random sample of six quarterbacks gave their height in

a random sample of six quarterbacks gave their height in inches and weights in pounds which statement is true about

Q : How did you get for your regression line what was your r

how did you get for your regression line what was your r value what did this tell youwhat would be a scenario where you

Q : Finished goods inventory at the end of november was 2000

questions 1mitten thaw inc is considering producing a new handwarmer that will offer several new features including an

Q : An agricultural researcher plants 25 plots with a new

an agricultural researcher plants 25 plots with a new variety of corn that is drought resistant and hence potentially

1943438

Questions
Asked

3,689

Active Tutors

1423264

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Spending variance for direct materials in august would be

The spending variance for direct materials in August would be closest to: Group of answer choices $524 F $20 F $20 U $524 U

Statements about asking questions during a meeting

Which of the following statements about asking questions during a meeting is true? Question Answer

What is the purpose of the cash flow statement

Q1. What is the purpose of the cash flow statement? What does it tell the user about the company?

What are common methods of brand equity measurement

Brand equity can be measured in a number of ways, but the 3 most common methods are which of the following? Select all that apply.

What did the bipartisan campaign reform act

What did the Bipartisan Campaign Reform Act of 2002 do? a. prohibited special interest groups from making

How adverse opinion most likely should be expressed

An adverse opinion most likely should be expressed when The auditor cannot obtain sufficient appropriate evidence regarding the inventory count

What is allied industries receivable collection period

What is Allied Industries' receivable collection period (rounded to the nearest day)? 156 O 590 300 O 150