A recent survey on food labeling found that 41% of a random sample of 1,008 American...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A recent survey on food labeling found that 41% of a random sample of 1,008 American adults report looking for information on food labels about whether the food they are purchasing is organic. Use this survey result and the table below to give 70%, 80%, 90%, and 99% confidence intervals for the proportion of all adults who feel this way. (Round your answers to three decimal places.) Critical values of the Normal distributions Confidence level C Critical value z* Confidence level C Critical value z* 1.64 70% 80% 90% 99% 50% eBook 60% 70% 80% x to x to X to X to xx X X 0.67 0.84 1.04 1.28 90% 95% 99% 99.9% 1.96 2.58 3.29 What do your results show about the effect of changing the confidence level? As the confidence level increases, the width of the interval increases A recent survey on food labeling found that 41% of a random sample of 1,008 American adults report looking for information on food labels about whether the food they are purchasing is organic. Use this survey result and the table below to give 70%, 80%, 90%, and 99% confidence intervals for the proportion of all adults who feel this way. (Round your answers to three decimal places.) Critical values of the Normal distributions Confidence level C Critical value z* Confidence level C Critical value z* 1.64 70% 80% 90% 99% 50% eBook 60% 70% 80% x to x to X to X to xx X X 0.67 0.84 1.04 1.28 90% 95% 99% 99.9% 1.96 2.58 3.29 What do your results show about the effect of changing the confidence level? As the confidence level increases, the width of the interval increases
Expert Answer:
Answer rating: 100% (QA)
Answer 1 To import the CSV file housecsv into R I used the readcsv function I assigned the data to a variable called house The first row of the data set was imported as the variable names The readcsv ... View the full answer
Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
Posted Date:
Students also viewed these mathematics questions
-
Unless otherwise specified, round all your answers to three decimal places. 1. Beer: In this example we will use a dataset that has information on a random sample of 82 different beers. We have the...
-
A random sample of 64 bicycle-riding adults in Portland indicated that 24 always wore a helmet while riding. A random sample of 80 bicycle-riding adults in Amsterdam indicated that 18 always rode a...
-
As your instructor directs, a. Survey 40 to 50 people on some subject of your choice. b. Team up with your classmates to conduct a survey and write it up as a group. Survey 50 to 80 people if your...
-
Josie Inc. collects cash from customers two ways: 1. Accrued Revenue. Some customers pay Josie after Josie has performed service for the customer. During 2017, Josie made sales of $50,000 on account...
-
What is meant by pre-money valuation? What is post-money valuation?
-
In Exercise 6-69, data were presented on the cold start ignition time of a particular gasoline used in a test vehicle. A second formulation of the gasoline was tested in the same vehicle, with the...
-
Which of the following accounts is not closed? a. Salary Expense b. Service Revenue C. Accumulated Depreciation, Equipment d. Dividends
-
A survey showed that a majority of Americans plan on doing their holiday shopping online because they dont want to spend money on gas driving from store to store (SOASTA website, October 24, 2012)....
-
Sam and Michelle are a hard working couple in their late 20's they returned from overseas 3years ago , their plan is to get a house ASAP keep working for a couple of years and then hopefully start a...
-
In the quantity discount model in Example 12.2, the minimum total annual cost is obtained by ordering enough to achieve the smallest unit purchasing cost. Evidently, the larger unit purchasing costs...
-
Robert borrowed a sum of money from a bank at 12% compounded monthly. He makes 20,000 payments monthly for 7 years. How much did he borrow?
-
Crystal Corporation earned net income of $ 9 0 0 , 0 0 0 in 2 0 2 3 . It has a complex capital structure as follows: 1 2 , 0 0 0 shares outstanding of 8 % , $ 1 0 0 preferred stock, and 1 7 0 , 0...
-
1.Libby just expanded her restaurant. She projects revenue will reach $35,000 for the new restaurant in the first year and increase by 25% over the next three years. Expenses are 75% of sales. The...
-
Jenkins Company has the following items at year - end: Currency and coin in safe $ 3 , 5 0 0 Funds in savings account 2 5 , 2 5 0 Funds in checking account 6 , 7 5 0 Traveler s checks 5 0 0 Non -...
-
You have been asked to prepare a schedule of accounts payable. The accounts payable ledger shows the following account balances: Applebaum Associates $ 0 Carlson Company (490) Berkins Inc. 975 Donald...
-
An existing mortgage with a $200,000 balance has a 5% rate and 20 years remaining. Monthly payments are $1320. A new 20-year $200,000 mortgage is offered with a 4.5% rate. There is a 1% loan...
-
1) Extend the ProWrestler class in the Undertaker class 2) Implement the Entrance interface in the JohnCena class(The method should print out an appropriate message for the entrance) 3) Implement the...
-
Quality Chicken grows and processes chickens. Each chicken is disassembled into five main parts. Information pertaining to production in July 2012 is: Joint cost of production in July 2012 was $50. A...
-
For a random sample of 12 business graduates from a technical college, the starting salaries accepted for employment on graduation (in thousands of dollars) were the following: For an independent...
-
Having carried out the study of Exercise 15.66, the investigator decided to take a second independent random sample of one student from each of the nine income-SAT score categories. The grade point...
-
At the end of classes professors are rated by their students on a scale of 1 (poor) to 5 (excellent). Students are also asked what course grades they expect, and these are coded as A = 4, B = 3, and...
-
Optimize the following Boolean functions \(F\) together with the don't-care conditions \(d\) : (a) \(F(A, B, C, D)=\Sigma m(0,1,7,13,15), d(A, B, C, D)=\Sigma m(2,6,8,9,10)\) (b) \(F(W, X, Y,...
-
+Apply the simplified Espresso algorithm to the following function. Show a K-map for each algorithm routine that changes one or more implicants. \[F(A, B, C, D)=\bar{A} \bar{B} \bar{D}+\bar{B}...
-
Illustrate the expansion or reduction performed on each implicant on a Kmap if the operation changes the implicant. (a) Apply the Espresso EXPAND routine to the following function. \[F(A, B, C,...
Study smarter with the SolutionInn App