In a particular area in the Prairies, an estimated 75% of the homes use heating oil as
Question:
In a particular area in the Prairies, an estimated 75% of the homes use heating oil as the principal heating fuel during the winter. A random telephone survey of 150 homes is taken in an attempt to determine whether this figure is correct. Suppose 120 of the 150 homes surveyed use heating oil as the principal heating fuel. What is the probability of getting a sample proportion this large or larger if the population estimate is true?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
P 75 x n Z Pp 80 pp Pq V n ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
Question Posted:
Students also viewed these Business questions
-
In a particular area of the Northeast, an estimated 75% of the homes use heating oil as the principal heating fuel during the winter. A random telephone survey of 150 homes is taken in an attempt to...
-
In a particular area of the Northeast, an estimated 75% of the homes use heating oil as the principal heating fuel during the winter. A random telephone survey of 150 homes is taken in an attempt to...
-
It is estimated that 80% of occupants use electricity as their main source of heating during winter in newly constructed apartments in Auckland. A random sample of 100 apartments is selected to...
-
A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed by him? a) Going concern b) Cost...
-
Cape Town Manufacturing had the following income statement and balance sheet items (in millions of rands, the South African currency): Income Statement For the Year Ended December 31, 20X1 Sales...
-
On November 1, 2014, the account balances of Schilling Equipment Repair were as follows. During November, the following summary transactions were completed. Nov. 8 Paid $1,700 for salaries due...
-
Decker is auditing the financial statements of Allright Wholesale Sales, Inc., for the year ended December 31, 1999. Allright has been in business for many years, although the company has never been...
-
Electra Manufacturing, Inc., produces control valves used in the production of oil field equipment. The control valves are sold to various gas and oil engineering companies throughout the United...
-
What is the relationship between chronic stress and accelerated aging, and what can be done to mitigate these effects ?
-
? For 2015, complete Aspen Ridge limited partnership's page 1 of Form 1065: complete Schedule K on page 4 of Form 1065; complete lines 1 and 2 of the Analysis of Net Income (Loss) at the top of page...
-
According to Statistics Canada, the average hourly wages in the manufacturing sector are as follows: Alberta: $26.50, Ontario: $24.69, British Columbia: $26.47.6 Suppose 40 workers are selected...
-
Marketing companies are turning to mobile media for new opportunities. A recent study by IBM showed that 46% of all marketers conduct transactions on mobile websites. Suppose a random sample of 300...
-
Although the requirements for a 332 parent-subsidiary liquidation are fairly straightforward, some planning and reporting issues must be addressed to ensure the proper outcome. Using the internet as...
-
Gilbest limited share has a beta of 1.54, the expected return on the market index is 11.2 percent, and the risk free rate is 5 percent. The company has 14 million shares in issue with a market value...
-
what ethical considerations did Amazon have to address when concerns were raised about poor working conditions and employee rights in its fulfillment centers, and how did the company respond to those...
-
Build a Captcha Generator using JavaScript and write functions to generate captcha and validate the input data. i. ii. generateCaptcha() validateInputCaptcha()
-
Implement the following C code in MIPS, assuming that set_array is the first function called: int i; void set_array (int num) { int array[10]; for (i=0; i <10; i++) { array[i] = compare (num, i); } }...
-
Identify a true statement about the rules of taxation for partnerships. Multiple choice question. Partners are exempted from paying tax on their share of partnership income if it has not been...
-
At the same time as compound-interest Canada Savings Bonds were being sold with guar- anteed minimum annual rates of 5.25%, 6%, and 6.75% in the first 3 years of their 10-year term, a trust company...
-
A glass manufacturer produces hand mirrors. Each mirror is supposed to meet company standards for such things as glass thickness, ability to reflect, size of handle, quality of glass, color of...
-
Suppose an ANOVA has been performed on a completely randomized design containing six treatment levels. The mean for group 3 is 15.85, and the sample size for group 3 is eight. The mean for group 6 is...
-
A completely randomized design has been analyzed by using a one-way ANOVA. There are four treatment groups in the design, and each sample size is six. MSE is equal to 2.389. Using = .05, compute...
-
Using the results of problem, compute a critical value by using the Tukey-Kramer procedure for groups 1 and 2. Use = .05. Determine whether there is a significant difference between these two...
-
2. What are the important three factors in predicting the extent of leverage from linking the brand- to another entity? They are necessary conditions for successful leveraging of secondary...
-
What is unique about Generation Z in terms of marketing? Identify two digital marketing approaches that work best for this generation. How do you best reach this generation with your message focusing...
-
if you are to open a Mexican restaurant in la what would be your market segment. (Discuss the characteristics of the target market segment, with a focus on its media preference, content preference,...
Study smarter with the SolutionInn App