Confidence interval for the population proportion

Assignment Help Business Economics
Reference no: EM132149960

In a survey of 2995 adults, 1486 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results.

Reference no: EM132149960

Questions Cloud

Confidence interval for the proportion of adults : (a) Construct a? 99% confidence interval for the proportion of adults from the Midwest who say traffic congestion is a serious problem.
What constitutes a true ethical dilemma : Hydro fracturing for natural gas (conflict between energy needs and dangers to water, health and environment)
How has america been affected by the given : How does the fact that imports vary directly with GDP affect the stability of the domestic economy? How has America been affected by this?
Standard deviation of a sampling distribution of sample : Find the mean and standard deviation of a sampling distribution of sample means with sample size n=247.
Confidence interval for the population proportion : Construct a? 99% confidence interval for the population proportion. Interpret the results.
What will be the impact on the prices of the products : What will be the impact on the prices of the products produced by workers working at or near the minimum wage level, and how will this affect overall consumer.
Different from the same media genre in other countries : What are the features that make the media genre similar to or different from the same media genre in other countries?
Plant performs according to spec : What is the probability that any one voltage regulator received by the plant performs according to spec?
Using employee teams to achieve organization objectives : What are the pros and cons of using employee teams to achieve the organization objectives? How to get involved in extracurricular activities.

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