Confidence interval for the difference in proportions

Assignment Help Business Economics
Reference no: EM132149833

A survey of Internet users reported that 20% downloaded music onto their computers. The filing of lawsuits by the recording industry may be a reason why this percent has decreased from the estimate of 27% from a survey taken two years before. Assume that the sample sizes are both 1451. Using a significance test, evaluate whether or not there has been a change in the percent of Internet users who download music. Provide all details for the test. (Round your value for zto two decimal places. Round your P-value to four decimal places.)

Z=

p-value=

Summarize the conclusion

Also report a 95% confidence interval for the difference in proportions. (Round your answers to four decimal places.) (_____,_____)

Explain what information is provided in the interval that is not in the significance test results.

Reference no: EM132149833

Questions Cloud

What is hadoop explain in detail : What is Hadoop (Explaining Hadoop)? What is YARN (Yet Another Resource Negotiator)? The response must be typed, single spaced.
How has the company positioned itself through its strategy : To what extent does the organisation's strategy address the Triple Bottom Line? How has the company positioned itself through its strategy?
What is the lower limit of the interval : We want to find a 95% confidence interval for the true proportion of the population who will favor the bill. What is the lower limit of the interval?
Sale tactics used by rpm violated oregon law : Suppose some of the sale tactics used by RPM violated Oregon law. What could Lamson do about it?
Confidence interval for the difference in proportions : Also report a 95% confidence interval for the difference in proportions. (Round your answers to four decimal places.)
Explain why 4nf is a normal form more desirable than bcnf : Describe 1NF, 2NF, 3NF. Explain why 4NF is a normal form more desirable than BCNF. The response must be typed.
Building intentional culture at zappos : Building an Intentional Culture at Zappos. Why is it so important to be intentional about creating and sustaining a culture within a business venture?
Discuss and explain the aspects of the project life cycle : You have been selected to be the Project Manager (for a project of your choice). The project that you decide to use should meet the key criteria of a project.
What is the probability : If we select 13 people at random, what is the probability that 2 or fewer will have a long drive to work?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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