Thursday

July 24, 2014

July 24, 2014

Posted by **Jan** on Sunday, July 28, 2013 at 12:47pm.

consumption. A sample of 16 people reveals the mean yearly consumption

to be 60 gallons with a standard deviation of 20 gallons.

a. What is the value of the population mean? What is the best

estimate of this value?

b. Explain why we need to use thetdistribution. What assumption do

you need to make?

c. For a 90 percent confidence interval, what is the value oft?

d. Develop the 90 percent confidence interval for the population

mean.

e. Would it be reasonable to conclude that the population mean is 63

gallons?

- Business Statistics -
**PsyDAG**, Sunday, July 28, 2013 at 12:54pma. Best estimate of the population value = sample mean.

b-e. http://www.google.com/search?client=safari&rls=en&q=t+test+statistics&ie=UTF-8&oe=UTF-8

- Business Statistics -
**Tony**, Sunday, March 16, 2014 at 2:47pma sample of 16 people reveals the mean consumption to be 60 gallons with the standard of deviation of 20 gallons

**Related Questions**

statistics - The U.S. Dairy Industry wants to estimate the mean yearly milk ...

statistics - The U.S. Dairy Industry wants to estimate the mean yearly milk ...

RES342 - A sample of 16 people reveals the mean yearly consumption to be 60 ...

statistics - The U.S. Department of Agriculture claims that the mean consumption...

Statistics - A local grocery store wants to estimate the mean daily number of ...

calculus - Throughout the 20th century, the yearly consumption of electricity in...

Statistics - The daily water consumption for an Ohio community is normally ...

Statistics - The yearly returns of a stock are normally distributed with a mean...

maths - A sample of 25users of a gym had their oxygen consumption measured for ...

stats - The per capita consumption of coffee by people in the United States in ...