From a sample of 400 items, 14 are found to be defective. Th…

From a sample of 400 items, 14 are found to be defective. The point estimate of the population proportion defective will be: [Formula: Sampling distribution of the sample proportion  p ^ = x n         E ( P ^ ) = p         σ p ^ = p ( 1 – p ) n         z = p ^ – p p ( 1 – p ) n

A random sample of size 36 is taken from a population with μ…

A random sample of size 36 is taken from a population with μ = 120 and σ = 39. The mean and standard error of the sampling distribution of the sample mean, respectively, are: [Formula:  Sampling distribution of the sample mean  E ( x ) = μ x           σ x = σ x n         z = x – μ σ n ]

The manager of a grocery store has taken a random sample of…

The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took the customers in the sample to check out was 3.1 minutes. The population standard deviation is known to be 0.5 minute. We want to test to determine whether or not the mean waiting time of all customers is significantly more than 3 minutes. At a .05 level of significance, it can be concluded that the mean of the population is