Mathematical Statistics with Applications
7th Edition
ISBN: 9780495110811
Author: Dennis Wackerly, William Mendenhall, Richard L. Scheaffer
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 8.4, Problem 33E
Refer to Exercise 8.32. From the data given on the compliance checks, estimate the proportion of the firm’s accounts that fail to comply with stated procedures. Place a bound on the error of estimation. Do you think that the proportion of accounts that comply with stated procedures exceeds 80%? Why?
8.32 An auditor randomly samples 20 accounts receivable from among the 500 such accounts of a client’s firm. The auditor lists the amount of each account and checks to see if the underlying documents comply with stated procedures. The data are recorded in the accompanying table (amounts are in dollars, Y = yes, and N = no).
Estimate the total accounts receivable for the 500 accounts of the firm and place a bound on the error of estimation. Do you think that the average account receivable for the firm exceeds $250? Why?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Chapter 8 Solutions
Mathematical Statistics with Applications
Ch. 8.2 - Using the identity ()=[E()]+[E()]=[E()]+B(), Show...Ch. 8.2 - a. If is an unbiased estimator for , what is B()?...Ch. 8.2 - Suppose that is an estimator for a parameter and...Ch. 8.2 - Refer to Exercise 8.1. a. If is an unbiased...Ch. 8.2 - Refer to Exercises 8.1 and consider the unbiased...Ch. 8.2 - Suppose that E(1)=E(2)=, V(1)=12, and V(2)=22....Ch. 8.2 - Consider the situation described in Exercise 8.6....Ch. 8.2 - Suppose that Y1, Y2, Y3 denote a random sample...Ch. 8.2 - Suppose that Y1, Y2,, Yn constitute a random...Ch. 8.2 - The number of breakdowns per week for a type of...
Ch. 8.2 - Let Y1, Y2, , Yn denote a random sample of size n...Ch. 8.2 - The reading on a voltage meter connected to a test...Ch. 8.2 - We have seen that if Y has a binomial distribution...Ch. 8.2 - Prob. 14ECh. 8.2 - Let Y, Y2,,Yn denote a random sample of size n...Ch. 8.2 - Suppose that Y1, Y2,,Yn constitute a random sample...Ch. 8.2 - If Y has a binomial distribution with parameters n...Ch. 8.2 - Let Y1, Y2, , Yn denote a random sample of size n...Ch. 8.2 - Prob. 19ECh. 8.2 - Suppose that Y1, Y2, Y3, Y4 denote a random sample...Ch. 8.4 - An investigator is interested in the possibility...Ch. 8.4 - An increase in the rate of consumer savings...Ch. 8.4 - The Environmental Protection Agency and the...Ch. 8.4 - A study was conducted to compare the mean number...Ch. 8.4 - The Mars twin rovers, Spirit and Opportunity,...Ch. 8.4 - A random sample of 985 likely votersthose who are...Ch. 8.4 - In a study of the relationship between birth order...Ch. 8.4 - Sometimes surveys provide interesting information...Ch. 8.4 - Refer to Exercise 8.29. Give the point estimate...Ch. 8.4 - In a study to compare the perceived effects of two...Ch. 8.4 - An auditor randomly samples 20 accounts receivable...Ch. 8.4 - Refer to Exercise 8.32. From the data given on the...Ch. 8.4 - We can place a 2-standard-deviation bound on the...Ch. 8.4 - Prob. 35ECh. 8.4 - Prob. 36ECh. 8.4 - Refer to Exercise 8.36. An engineer observes n =...Ch. 8.4 - Prob. 38ECh. 8.5 - Suppose that the random variable Y has a gamma...Ch. 8.5 - Suppose that the random variable Y is an...Ch. 8.5 - Suppose that Y is normally distributed with mean 0...Ch. 8.5 - Prob. 42ECh. 8.5 - Prob. 43ECh. 8.5 - Let Y have probability density function...Ch. 8.5 - Refer to Exercise 8.44. a Use the pivotal quantity...Ch. 8.5 - Refer to Example 8.4 and suppose that Y is a...Ch. 8.5 - Refer to Exercise 8.46. Assume that Y1, Y2, , Yn...Ch. 8.5 - Prob. 48ECh. 8.6 - Refer to Example 8.8. In this example, p1 and p2...Ch. 8.6 - Prob. 51ECh. 8.6 - Prob. 52ECh. 8.6 - Prob. 53ECh. 8.6 - Prob. 54ECh. 8.6 - Prob. 55ECh. 8.6 - Is Americas romance with movies on the wane? In a...Ch. 8.6 - Refer to Exercise 8.29. According to the result...Ch. 8.6 - The administrators for a hospital wished to...Ch. 8.6 - When it comes to advertising, tweens are not ready...Ch. 8.6 - What is the normal body temperature for healthy...Ch. 8.6 - A small amount of the trace element selenium, from...Ch. 8.6 - The following statistics are the result of an...Ch. 8.6 - Most Americans love participating in or at least...Ch. 8.6 - In a CNN/USA Today/Gallup Poll, 1000 Americans...Ch. 8.6 - For a comparison of the rates of defectives...Ch. 8.6 - Historically, biology has been taught through...Ch. 8.6 - One suggested method for solving the...Ch. 8.6 - Prob. 68ECh. 8.6 - Prob. 69ECh. 8.7 - Let Y be a binomial random variable with parameter...Ch. 8.7 - A state wildlife service wants to estimate the...Ch. 8.7 - Telephone pollsters often interview between 1000...Ch. 8.7 - Refer to Exercise 8.59. How many tweens should...Ch. 8.7 - Prob. 74ECh. 8.7 - Prob. 75ECh. 8.7 - Refer to the comparison of the daily adult intake...Ch. 8.7 - Prob. 77ECh. 8.7 - Refer to Exercise 8.65. How many items should be...Ch. 8.7 - Refer to Exercise 8.66. a Another similar study is...Ch. 8.8 - Although there are many treatments for bulimia...Ch. 8.8 - The carapace lengths of ten lobsters examined in a...Ch. 8.8 - Scholastic Assessment Test (SAT) scores, which...Ch. 8.8 - Chronic anterior compartment syndrome is a...Ch. 8.8 - Organic chemists often purify organic compounds by...Ch. 8.8 - Two new drugs were given to patients with...Ch. 8.8 - The Environmental Protection Agency (EPA) has...Ch. 8.8 - Refer to Exercise 8.88. Another common...Ch. 8.8 - Do SAT scores for high school students differ...Ch. 8.8 - Seasonal ranges (in hectares) for alligators were...Ch. 8.8 - Solid copper produced by sintering (heating...Ch. 8.8 - Prob. 93ECh. 8.8 - Suppose that we obtain independent samples of...Ch. 8.9 - The EPA has set a maximum noise level for heavy...Ch. 8.9 - In Exercise 8.81, we gave the carapace lengths of...Ch. 8.9 - Suppose that S2 is the sample variance based on a...Ch. 8.9 - Prob. 98ECh. 8.9 - Prob. 99ECh. 8.9 - Industrial light bulbs should have a mean life...Ch. 8.9 - In laboratory work, it is desirable to run careful...Ch. 8.9 - The ages of a random sample of live university...Ch. 8.9 - A precision instrument is guaranteed to read...Ch. 8 - Prob. 104SECh. 8 - Prob. 105SECh. 8 - In a controlled pollination study involving Phlox...Ch. 8 - Prob. 107SECh. 8 - Prob. 108SECh. 8 - To estimate the proportion of unemployed workers...Ch. 8 - Prob. 110SECh. 8 - Prob. 111SECh. 8 - Prob. 112SECh. 8 - Prob. 113SECh. 8 - Prob. 114SECh. 8 - Prob. 115SECh. 8 - Do we lose our memory capacity as we get older? In...Ch. 8 - Prob. 117SECh. 8 - Prob. 118SECh. 8 - Prob. 119SECh. 8 - Two methods for teaching reading were applied to...Ch. 8 - Prob. 121SECh. 8 - Prob. 122SECh. 8 - Prob. 123SECh. 8 - Prob. 124SECh. 8 - Prob. 125SECh. 8 - Prob. 126SECh. 8 - Prob. 127SECh. 8 - Prob. 128SECh. 8 - Prob. 129SECh. 8 - Prob. 130SECh. 8 - Refer to Exercises 1.129 and 1.130. S2 and S2 are...Ch. 8 - Prob. 132SECh. 8 - Prob. 133SECh. 8 - Prob. 134SECh. 8 - Prob. 135SECh. 8 - Prob. 136SE
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Use this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the United States, and about 40 million were elderly (aged 65 and over).[34] 57. If you meet five U.S. citizens, what is the percent chance that exactly one is elderly? (Round to the nearest tenth of a percent.)arrow_forwardUse this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the United States, and about 40 million were elderly (aged 65 and over).[34] 59. If you meet five U.S. citizens, what is the percent chance that four are elderly? (Round to the nearest thousandth of a percent.)arrow_forward
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Continuous Probability Distributions - Basic Introduction; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=QxqxdQ_g2uw;License: Standard YouTube License, CC-BY
Probability Density Function (p.d.f.) Finding k (Part 1) | ExamSolutions; Author: ExamSolutions;https://www.youtube.com/watch?v=RsuS2ehsTDM;License: Standard YouTube License, CC-BY
Find the value of k so that the Function is a Probability Density Function; Author: The Math Sorcerer;https://www.youtube.com/watch?v=QqoCZWrVnbA;License: Standard Youtube License