In a recent survey of 1000 adults ages 18 to 40, 34% said they had no credit

Question:

In a recent survey of 1000 adults ages 18 to 40, 34% said they had no credit cards. Find the 95% confidence interval of the population proportion.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Elementary Statistics A Step By Step Approach

ISBN: 9781259755330

10th Edition

Authors: Allan G. Bluman

See More Books

Question Posted: Sep 06, 2018 11:02 AM

See More Questions

A U.S. Travel Data Centers survey of 1500 adults found that 42% of respondents stated that they favor historical sites as vacations. Find the 95% confidence interval of the true proportion of all...
The case in Chapter 2 listed 30 questions asked of 150 respondents in the community of Springdale. The coding key for the responses was also provided in that earlier exercise. The data are in file...
The Consumer Reports National Research Center conducted a telephone survey of 2000 adults to learn about the major economic concerns for the future (Consumer Reports, January 2009). The survey...
What were the measures taken by Alex to pinpoint the bottleneck in the factory's operations, and subsequently, how did he capitalize on and enhance the bottleneck production? Task: Herbie, the boy...
From the following accounts of Done Right Auto Detail, Inc., prepare the business's statement of retained earnings for the year ended March 31, 2016: Retained Earnings 123,000 234,000 159,000...
Recognition of Profit and Balance Sheet Presentation, Percentage-of-Completion On February 1, 2010, Hewitt Construction Company obtained a contract to build an athletic stadium. The stadium was to be...
A bar is $4 \mathrm{~m}$ long and has a diameter of $30 \mathrm{~mm}$. Determine the total amount of elastic energy that it can absorb from an impact loading if (a) it is made of steel for which...
Miracle Printers (MP) manufactures printers. Assume that MP recently paid $600,000 for a patent on a new laser printer. Although it gives legal protection for 20 years, the patent is expected to...
Alex has contributed $2393 every 3 months for the last 9 years into an RRSP fund. The interest earned by these deposits was 8% compounded quarterly for the first 4 years and 7% compounded quarterly...
Frankel Ltd., a British merchandising company, is the exclusive distributor of a product that is gaining rapid market acceptance. The companys revenues and expenses (in British pounds) for the last...
A manufacturer of pacemakers wants the standard deviation of the lifetimes of the batteries to be less than 1.8 months. A sample of 20 batteries had a standard deviation of 1.6 months. Assume the...
What is necessary to determine the sample size?
The trainer for a professional football team has found that, on the average, his team experiences 2.3 sprained ankles per 1000 game minutes. If a game lasts 60 minutes, and the number of game minutes...
Someone offers to sell you an annuity for $6,036 in 5 years (i.e., you will buy it at t=5). The annuity pays $2300 per year, for n years, starting in year 6, and we assume a 7.0% discount rate. About...
Return on investment, or ROI is a commonly used profitability ratio that measures the amount of return an investment generates relative to its costs.What are some limitations to ROI?
Boom and bust are equally likely and occur with probability . Hillton currently has 100 of debt outstanding, due next period, which is backed by the combined cash flow of the two divisions. (a) What...
In the previous year O purchased a business. Included in the purchase price was $300,000 for goodwill. Since the business incurred a loss, no discretionary deductions such as CCA, were claimed. What...
Amber Company is considering a one-year project that requires an initial investment of $500,000. However, to raise this capital, the company will incur flotation costs that are 2% of the initial...
What do the proportions of lead and uranium in rock tell us about the age of the rock?
Complete the equations for the following equilibria and calculate Keq where the Keq expression includes [HO]. Be sure to enter Keq in proper scientific notation. (a) ammonia (acting as a base) reacts...
An admissions director knows that the probability a student will enroll after a campus visit is 0.55, or P (E) = 0.55. While students are on campus visits, interviews with professors are arranged. An...
Event A is the event that a person remembers a certain product commercial. Event B is the event that a person buys the product. If P(B) 0.35, comment on each of these conditional probabilities if...
It is reported that 72% of working women use computers at work. Choose 5 working women at random. Find a. The probability that at least 1 doesnt use a computer at work b. The probability that all 5...
How is a market structure identified? What type of market structure drives the pharmaceutical market?
Quality is often described as the fourth triple - constraint ( cost , schedule, and scope being the other three constraints ) . Address this project quality topic by discussing the following key...
Image transcription text Moist air flow through a duct which contains a heating element. The moist air enters at 95 kPa, 12 C and (I) = 30%; the flow rate is 6 m3/min. Air leaves the heating element...

In a recent survey of 1000 adults ages 18 to 40, 34% said they had no credit

Question:

Step by Step Answer:

034 0029 p 034 002...View the full answer

Elementary Statistics A Step By Step Approach

Students also viewed these Mathematics questions