Confidence interval for the population proportion

Reference no: EM131405367

In a survey of 1320 executives who oversee corporate data systems, 24% said they had experienced losses caused by computer viruses during the past year.

Assuming the executives were a simple random sample of all such executives, construct and interpret the 90% confidence interval for the population proportion who were monetarily harmed by computer viruses that year.

Reference no: EM131405367

Questions Cloud

Cobb douglas production function : 1. Show using equations that the Cobb Douglas production function has...Constant returns to scale Positive but declining marginal products of capital and labor

What are the upper and lower confidence limits : For an 8-hour day, what are the upper and lower 95% confidence limits for the number of minutes this employee talks on the phone?

How many persons should be included in the sample : If she feels certain that the percentage is somewhere between 20% and 40%, how many persons should be included in the sample?

Evaluate which method would be efficient for planning : Recommend at least three (3) specific tasks that could be performed to improve the quality of datasets, using the Software Development Life Cycle (SDLC) methodology. Include a thorough description of each activity per each phase.Recommend the act..

Confidence interval for the population proportion : Assuming the executives were a simple random sample of all such executives, construct and interpret the 90% confidence interval for the population proportion who were monetarily harmed by computer viruses that year.

What sample size would you recommend : An airline would like to determine, within 3 percentage points and with 95% confidence, the percentage of next month's customers who judge the courtesy of its employees as being "very good to excellent." What sample size would you recommend?

What sample size will now be necessary : The necessary sample size has been calculated as n = 100. If the client suddenly decides that the maximum error must be only one-fourth that originally specified, what sample size will now be necessary?

How many machinery rebuilding companies should be included : If the tool manufacturer would like to be 95% confident that the sample proportion is within 0.01 of the actual population proportion, how many machinery rebuilding and repairing companies should be included in the sample?

Choose one of the nosqldata models and describe it : Big Data brought its own challenges to the field of databases. What are these challenges, and how does the emerging NoSQL model address these challenges?The different NoSQL technologies were created to meet different needs.

User Account

All Pages