Assume simple random sampling. Calculate the confidence interval for the population proportion, P, for each of the

Question:

Assume simple random sampling. Calculate the confidence interval for the population proportion, P, for each of the following.
a. N = 1058; n = 160; x = 40; 95% confidence level
b. N = 854; n = 81; x = 50; 99% confidence level

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

Step by Step Answer:

Related Book For book-img-for-question

Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

See More Books

Question Posted: Jul 07, 2015 03:30 AM

See More Questions

A 95% confidence interval for a population mean was reported to be 152 to 160. If = 15, what sample size was used in this study?
Construct a 95% confidence interval for apopulation proportion using repeated tests ofsignificance to develop an interval of plausiblevalues based on a sample proportion of o.52 froma sample of 30o....
We want a 95% confidence interval for the population proportion of students in a high school in Dallas, Texas, who can correctly find Iraq on an unlabeled globe. For a random sample of size 50, 10...
The Kay Company has the following Capital structure as at 31st March 2019. Based on Book Value Based on Market Value % Costs Debentures 300,000 330,000 ...
How can tail coverage help an attorney who has just retired from active practice?
Is being a good consumer equivalent to being a good citizen in environmental decision-making? Explain. Do you agree with Schmidtz's restrictions on CBA? Which restrictions, and why? Isn't public...
Describe the role of the patient, physician, nurse, and hospital in obtaining informed consent.
In 2011, Alliant Corporation acquired Centerpoint Inc. for $300 million, of which $50 million was allocated to goodwill . At the end of 2013, management has provided the following information for a...
A business has a cost of equity of 9.5 percent and a pretax cost of debt of 5.4 percent. The debt-equity ratio is 1.15 and the tax rate is 25 percent. What is the unlevered cost of capital?
Noah and Joan Arc live with their family in Dayton, OH. Noahs Social Security number is 434-11-3311. Noah was born on February 22, 1983, and Joan was born on July 1, 1984. Both enjoy good health and...
Assume simple random sampling. Calculate the confidence interval for the population total for each of the following. a. N = 1325; n = 121; s = 20; x = 182; 95% confidence level b. N = 2100; n = 144;...
Take a random sample of 50 pages from this book and estimate the proportion of all pages that contain figures.
The formula can be used to find the number of years t required for an investment P to grow to a value A when compounded continuously at an annual rate r. (a) How long will it take to increase an...
Consider the data on the follow two pairs of securities (A and B) and (X and Z). Security Expected Return Standard Deviation A .10 .20 B .20 .20 X .10 .20 Z .20 .20 The correlation between...
Anna Goldsworthy is the chief financial officer of a manufacturing firm headquartered in the United Kingdom. She is responsible for overseeing exposure to price risk in both the commodity and...
Discuss the strategic importance of forecasting at your organization (or in one with which you are familiar). Provide two examples of ways that forecasting could improve organizational processes or...
The following table shows the balance sheet of the banking system of Country X. Assets Liabilities Reserve Loans Total (b) (c) $ (billions) The banking system holds $100 billion excess reserve and...
QUESTION 5. A company has a liability of $10,000,000 in three years time and wants to hedge this liability with the following semiannual bonds: Maturity Face Value Coupon Yield 2 100,000 5% 4.8% 5...
Of the following, which are incorrect? (A) (ii) and (iv) only (B) (i) and (ii) only (C) (i) and (iii) only (D) (ii) and (iii) only (i) Sold van for cash (ii) Bought stationery by cheque (iii) Took...
1-Stern observed all of the following results EXCEPT _______ in his experiment. A-one of the recombinant phenotypes was associated with an X chromosome of normal length B-the number of car, B+ male...
Percents of on-time arrivals for flights in 2006 and 2007 were collected for 11 randomly selected airports. Data for these airports follow (Research and Innovative Technology Administration website,...
A test was conducted for two overnight mail delivery services. Two samples of identical deliveries were set up so that both delivery services were notified of the need for a delivery at the same...
The PGA Players Championship was held at the Sedgefield Country Club in Greensboro, North Carolina, August 11-17, 2008. Shown here are first-round and second-round scores for a random sample of 11...
Delph Company uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that 50,000 machine-hours would...
Sunland Corp. designs and builds custom harvesting equipment for logging companies across Canada. The company, which is publicly traded, has a May 31 year end. On February 18, 2024, Sunland signed a...
Kubin Company's relevant range of production is 18,000 to 22,000 units. When it produces and sells 20,000 units, its average costs per unit are as follows: Average Cost per Unit Fixed administrative...

Assume simple random sampling. Calculate the confidence interval for the population proportion, P, for each of the

Question:

Step by Step Answer:

a A confidence interval for the population proportion is obtained from ...View the full answer

Statistics For Business And Economics

Students also viewed these Statistics questions