Purchase Solution

# Confidential Intervals

Not what you're looking for?

A large population of overdue bills has balances that follow a normal curve. When we take a sample of 100 of these these average is \$500 and the SD is \$100. (a)What statement can you make about the range \$300 to \$700? (b)What statement can you make about the range \$480 to \$520?

##### Solution Summary

Questions on confidence interval have been answered.

##### Solution Preview

A large population of overdue bills has balances that follow a normal curve. When we take a sample of 100 of these average is \$500 and the SD is \$100. (a)What statement can you make about the range \$300 to \$700? (b)What statement can you make about the range \$480 to \$520?

(a)What statement can you make about the range \$300 to \$700?

Mean=M = \$500
Standard deviation =s= \$100
sample size=n= 100 ...

##### Free BrainMass Quizzes

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.