A random sample of 21 nickels measured with a very accurate micrometer showed a mean diameter of XXXXXXXXXXinches with a standard deviation of XXXXXXXXXXinches. (a) Why would nickel diameters vary?...


A random sample of 21 nickels measured with a very accurate micrometer showed a mean diameter of 0.834343 inches with a standard deviation of 0.001886 inches. (a) Why would nickel diameters vary? (b) Construct a 99 percent confidence interval for the true mean diameter of a nickel. (c) Discuss any assumptions that are needed. (d)What sample size would ensure an error of±0.0005 inches with 99 percent confidence? (Data are from a project by MBA student BobTindall.)



May 20, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here