# Question: Based on careful examination of a sample of size 868

Based on careful examination of a sample of size 868 taken from 11,013 inventory items in a warehouse, you learn that 3.6% are not ready to be shipped.

a. Find the standard error associated with this estimated percentage and indicate its meaning.

b. Would you be surprised to learn that in fact 4% of the 11,013 inventory items are not ready to be shipped? Why or why not?

c. Would you be surprised to learn that in fact 10% of the 11,013 inventory items are not ready to be shipped? Why or why not?

a. Find the standard error associated with this estimated percentage and indicate its meaning.

b. Would you be surprised to learn that in fact 4% of the 11,013 inventory items are not ready to be shipped? Why or why not?

c. Would you be surprised to learn that in fact 10% of the 11,013 inventory items are not ready to be shipped? Why or why not?

## Answer to relevant Questions

From a list of the 729 people who went on a cruise, 25 were randomly selected for interview. Of these, 21 said that they were “very happy” with the accommodations. a. What percent of the sample said that they were ...Show that this database is arranged in the form of a frame. In particular, how would you use it to gain access to population information for a particular employee? Continuing with the sample from exercise 2: a.* Find the binomial X for the gender variable (counting the number of females) and interpret it. b.* Find the standard error of X and interpret it. c. Find the population mean ...Why is it correct to say, “We are 95% sure that the population mean is between $15.85 and $19.36” but not proper to say, “The probability is 0.95 that the population mean is between $15.85 and $19.36”? View the 20,000 people represented in the donations database (on the companion site) as a sample from a much larger population. Of these 20,000 people, 989 made a donation in response to the current mailing. a. Find the 95% ...Post your question