Confidence interval estimate for the proportion

Assignment Help Basic Statistics
Reference no: EM1316915

Below is a printout of a confidence interval estimate for the proportion of the clients who are female using the 108 data points. Do a sample of 20 data points. Use 20 random numbers that is below, to select the files.

Confidence Interval Estimate for the Mean

Data

Sample Size

108

Number of Successes

64

Confidence Level

95%

Intermediate Calculations

 

Sample Proportion

0.592592593

Z Value

-1.95996398

Standard Error of the Proportion

0.047280351

Interval Half Width

0.092667785

Confidence Interval

 

Interval Lower Limit

0.499924807

Interval Upper Limit

0.685260378

1. When would you use hypothesis testing and when would you use confidence intervals?

2. In news articles on surveys and polling, there usually is a statement on the margin of error. This is another term for the significance level. In few sentences describe one that you have seen either on TV or in newspapers or magazines.

Reference no: EM1316915

Questions Cloud

Increase in demand for nails : You are the manager of a small U.S. firm that sells nails in a competitive U.S. market (the nails you sell are a standardized commodity; stores view your mails as identical to those available from hundreds of other firms).
Investigating a social engineering attack : Investigate a social engineering attack describing what has made this attack more successful and the information which was observed from this attack is sure to involve how could this attack be avoided.
Understanding of chemistry basics : Understanding of chemistry basics - which of the following is not changed by the activity of an enzyme during a chemical reaction?
Decision of ceo of automaker : The CEO of a major automaker overheard one of its division managers make the following statement regarding the firms's production plans:
Confidence interval estimate for the proportion : When would you use hypothesis testing and when would you use confidence intervals?
Florida state university administers a mathematics : Florida State University administers a mathematics placement test to students where they 1st enter the university.
Testing company-s claim : From past data, it is recognized that company's production process results in normally distributed yield strengths. Test company's claim at a = 0.05.
Computing yield to maturity for u.s. treasuries securities : Computing yield to maturity for U.S. Treasuries securities and examine the chart WSJ or IBD provides
Regarding the national defence authorization act : Cyber security Act of 2012, National Defence Authorization Act (NDAA), and Library Services and Technology Act are the three recent laws dealing with computer crimes.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Coefficient of determination of model

A regression model between sales (Y in $1,000), unit price (X 1  in dollars) and television advertisement (X 2  in dollars) resulted in the following function:        = 7 - 3X1 + 5X 2  For this model SSR = 3500, SSE = 1500, and the sample size is 18...

  Inventory control using or method

Solve different inventory control problems using an appropriate OR method.

  Claim using large sample test-single mean z test

Can you conclude that the information in the article is untrue? Use the 0.05 significance level. Determine the p-value and explain its meaning.

  Estimating the expected value for given distribution

Determine the cost Xs to develop the support system for which the probability of exceeding Xs is equal to 0.01?

  Determining conclusion regarding null hypothesis

What is your conclusion regarding null hypothesis?

  Determining the stock-s beta

Beta and required rate of return stock has required return of 11%; risk-free rate is 7%t; and market risk premium is 4 %. Determine the stock's beta?

  Confidence interval for proportion of delinquent customer

What is the 95% confidence interval for the proportion of all delinquent customer accounts at this manufacturing company?

  The probability that a sheet selected at random

The population of lengths of aluminium-coated steel sheets is normally distributed with a mean of 30.05 inches and a standard deviation of 0.2 inches.

  Iindependence of attributes by chi-square test

What is your conclusion? Are the two variables independent?

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Creating confidence interval for population mean

Create a 95% confidence interval for population mean. Is it sensible that population mean is 28 weeks? give explanation for your answer.

  Simple linear regression model and scatter plot

Explain the results plot the original data and the fitted regression equations.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd