Question: Answer last part sample obtain.. C According To A Stu... C Suppose A Life Insu. 2022SP_MAT-120-FW1 Probability and Statistics y! Suppose a life insur. Tyera

Answer last part

Answer last part sample obtain.. C According To A
sample obtain.. C According To A Stu... C Suppose A Life Insu. 2022SP_MAT-120-FW1 Probability and Statistics y! Suppose a life insur. Tyera Mckenzie Homework: 8.2 HW - Distribution of the Sample Proportion Question 6, 8.2.16-T Part 4 of 5 HW Score: 49%, 49 of 100 points Points: 18 of 36 According to a study conducted by a statistical organization, the proportion of people who are satisfied with the way things are going in their lives is 0.86. Suppose that a random sample of 100 people is obtained. Complete parts (a) through (e) below. (a) Suppose the random sample of 100 people is asked, "Are you satisfied with the way things are going in your life?" Is the response to this question qualitative or quantitative? Explain. A. The response is qualitative because the responses can be classified based on the characteristic of being satisfied or not. O B. The response is quantitative because the number of people satisfied can be counted. O C. The response is qualitative because the number of people satisfied can be counted. O D. The response is quantitative because the responses can be classified based on the characteristic of being satisfied or not. (b) Explain why the sample proportion, p, is a random variable. What is the source of the variability? A The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that people may not be responding to the question truthfully. B. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that people may not be responding to the question truthfully. C. The sample proportion p is a random variable because the value of p represents a random person included in the sample. The variability is due to the fact that different people feel differently regarding their satisfaction. D. The sample proportion p is a random variable because the value of p varies from sample to sample. The variability is due to the fact that different people feel differently regarding their satisfaction. (c) Describe the sampling distribution of p, the proportion of people who are satisfied with the way things are going in their life. Be sure to verify the model requirements Since the sample size is no more than 5% of the population size and np(1 - p) = 12.04 2 10, the distribution of p is approximately normal with HA = 0.86 and of = 0.035. (Round to three decimal places as needed.) (d) in the sample obtained in part (a), what is the probability that the proportion who are satisfied with the way things are going in their life exceeds 0.89? The probability that the proportion who are satisfied with the way things are going in their life exceeds 0.89 is (Round to four decimal places as needed.) Clear all Check answe Help me solve this View an example Get more help - MAR 20 Q esc & @ 5 6 2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!