Compute the 95 percent confidence interval

Reference no: EM13970351

1. Find the probability that among 10,000 random digits the digit 3 appears not more than 931 times.

2. Write a computer program to simulate 10,000 Bernoulli trials with probability .3 for success on each trial. Have the program compute the 95 percent confidence interval for the probability of success based on the proportion of successes. Repeat the experiment 100 times and see how many times the true value of .3 is included within the confidence limits.

Reference no: EM13970351

Questions Cloud

Managed care and long : Read chapters 9 and 10. Answer the questions in your own words (typing sentences directly from your text will not be accepted) and submit your document in the drop box. Substantive answers are necessary to receive full points for the assignment.

Provide the main arguments of the article the gated globe : Provide a brief summary of the article "The Gated Globe", discussing the following: The main arguments of the article. The basis on which the arguments are made.

How many customers must the restaurant have : How many customers must the restaurant have, on the average, to be at least 95 percent sure that the number of customers ordering pie on that day falls in the 19 to 21 percent range?

What is the approximate probability of finding : A crate is examined and found to contain 115 defective noodles. What is the approximate probability of finding at least this many defective noodles if the machine is properly adjusted?

Compute the 95 percent confidence interval : Write a computer program to simulate 10,000 Bernoulli trials with probability .3 for success on each trial. Have the program compute the 95 percent confidence interval for the probability of success based on the proportion of successes.

Prepare a schedule to compute aristotle june : Without prejudice to your solution to part (a), assume that you computed the June 30, 2010, inventory to be $59,400 at retail and the ratio of cost to retail to be 70%. The general price level has increased from 100 at January 1, 2010, to 108 at J..

What are your weaknesses as a reader : Reflect on your personal general reading strategies for the second textbooks. Write a 250-word analysis (minimum) of your past habits. Consider the following in your reflection:

How many members are there : Assume that each member decides to come with a given probability p, and that the decisions are independent. How many members are there? What is p?

What is the probability of too many acceptances : Assume that passengers are equally likely to choose each train. How many seats must a train have to assure a probability of .99 or better of having a seat for each passenger?

User Account

All Pages