A large collection of one-digit random numbers should have about 50% odd and 50% even digits, because
Question:
A large collection of one-digit random numbers should have about 50% odd and 50% even digits, because five of the ten digits are odd (1, 3, 5, 7, and 9) and five are even (0, 2, 4, 6, and 8).
a. Find the proportion of odd-numbered digits in the following lines from a random number table. Count carefully.
b. Does the proportion found in part a represent p` (the sample proportion) or p (the population proportion)?
c. Find the error in this estimate, the difference between p` and p (or p` - p).
Transcribed Image Text:
55185 748 34 172 89 28 4813 4 71 185
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
a There are 17 odd numbers so the proporti...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780321978271
2nd Edition
Authors: Robert Gould, Colleen Ryan
Question Posted:
Students also viewed these Statistics questions
-
A computer science department has a large collection of UNIX machines on its local network. Users on any machine can issue a command of the form rexec machine4 who and have the command executed on...
-
You own a large collection of fine wines. You now decide that you must liquidate this valuable asset. However, you predict that the value of your collection will rise in the next few years. The...
-
Activity Optimistic Time Estimate (weeks) Most Likely Time Estimates (weeks) Pessimistic Time Estimates (weeks) Immediate Predecessor(s) A 3 5 10 none B 3 5 9 A C 5 7 13 A D 4 5 12 B E 5 11 16 C F 3...
-
In 2014, Elbert Corporation had net cash provided by operating activities of $531,000; net cash used by investing activities of $963,000; and net cash provided by financing activities of $585,000. At...
-
Use the growth data from Problem 22 for the following: (a) Curve-fit the data with a third-order polynomial. Use the polynomial to estimate the height in week 6. (b) Fit the data with linear and...
-
In Major League Baseball, the umpire behind the plate uses his best judgment to decide if a pitch is within the strike zone or outside of the strike zone. The age old question is whether the strike...
-
Using real-world examples, evaluate the effectiveness of supply-side policies in promoting economic growth and economic development.
-
Junkers Stash started the Year 2 accounting period with the balances given in the horizontal financial statements model shown below. During Year 2, Junkers Stash experienced the following business...
-
At the instant=60, link CD has an angular velocity WCD = 4 rad/s and an angular acceleration QCD = 3 rad/s. The collar at C is pin connected to DC and slides over B as shown in (Figure 1). Part A...
-
26. A point object of mass m is connected to a cylinder of radius R via a massless rope. At time t = 0, the object is moving with an initial velocity vo perpendicular to the rope, the rope has a...
-
Suppose you attend a school that offers both traditional courses and online courses. You want to know the average age of all the students. You walk around campus asking those students that you meet...
-
Consider a 30-digit line from a random number table. 1, 3, 5, 7, and 9 are odd and 0, 2, 4, 6, and 8 are even. a. How many of the 30 digits would you expect to be odd, on average? b. If you actually...
-
Do you think the concept of organizational structures, as described in this chapter, is appropriate for charitable organizations? If yes, which organization design do you believe to be most...
-
You are planning the schedule and come to an activity that you are unfamiliar with. Your SMEs give you the following time estimates: most likely = 5 hours; optimistic = 2 hours; pessimistic = 14...
-
Compare a project youve worked on that was limited mostly by activities with another project youve worked on that was limited mostly by resources. Which did you find more challenging? Why?
-
The team planning and managing the arboretum development project is composed mostly of volunteers but includes some township staff. Several volunteers have related professional experience and...
-
Continuous Compounding A zero coupon bond that will pay 1,000 in 10 years is selling today at 422.41. What is the continuously compounded annual interest rate on the bond?
-
The project manager at a software company predicts their projects costs based on previous projects they have worked on that were similar. (They take into account the differences between their current...
-
In Exercises 8390, perform the indicated operation or operations. (5x + 2y) 2 - (5x - 2y) 2
-
a) Show that (a, b) := {{a}, {b}} does not satisfy the ordered pair axiom. b) Determine whether each of the following statements is true or false. (Give a reason in each case): (i) {a, b} C (a, b)....
-
An industrial oven used to cure sand cores for a factory manufacturing engine blocks for small cars is able to maintain fairly constant temperatures. The temperature range of the oven follows a...
-
Steve Goodman, production foreman for the Florida Gold Fruit Company, estimates that the average sale of oranges is 4,700 and the standard deviation is 500 oranges. Sales follow a normal...
-
Susan Williams has been the production manager of Medical Suppliers, Inc., for the past 17 years. Medical Suppliers, Inc., is a producer of bandages and arm slings. During the past 5 years, the...
-
Three charged particles are at the corners of an equilateral triangle as shown in the figure below. (Let q = 4.00 C, and L = 0.800 m.) 7.00 60.0 L -4.00 C (a) Calculate the electric field at the...
-
im's & Elaine's goals is to retire by the time Jim turns 65 years old. They want to ensure that they have $80,000 a year for their retirement. Also, they would like to have sufficient funds to...
-
The issue of fraud must be considered when managing risk as it could present a major liability to the organization. Fraud is an act that requires an aggressive response and correction by an...
Study smarter with the SolutionInn App