Confidence intervals for the proportion of tyson packages

Assignment Help Game Theory
Reference no: EM1390639

In a recent issue of Consumer Reports, Consumers Union reported on their investigation of bacterial contamination in packages of name brand chicken sold in supermarkets.

Packages of Tyson and Perdue chicken were purchased. Laboratory tests found campylobacter contamination in 35 of the 75 Tyson packages and 22 of the 75 Perdue packages.

Question 1. Find 95% confidence intervals for the proportion of Tyson packages with contamination and the proportion of Perdue packages with contamination (use 3 decimal places in your answers).

Question 2. The confidence intervals in question 1 overlap. What does this suggest about the difference in the proportion of Tyson and Perdue packages that have bacterial contamination?

Question 3. Find the 95% confidence interval for the difference in the proportions of Tyson and Perdue chicken packages that have bacterial contamination (use 3 decimal places in your answers).

Question 4. What does this interval suggest about the difference in the proportions of Tyson and Perdue chicken packages with bacterial contamination?

Question 5. The results in questions 2 and 4 seem contradictory. Which method is correct: doing two-sample inference, or doing one-sample inference twice?

Question 6. Why don't the results agree?

Reference no: EM1390639

Questions Cloud

How long does this orchestra play : The time it takes a symphony orchestra to play beethovens ninth symphony has a normal distribution with a mean of 64.3 minutes and a standard deviation of 1.15 minutes. If an orchestra plays it so slowly that 80% of the orchestras play faster than..
Assuming air resistance is negligible : A vertical spring with a spring steady of 420-N/m is mounted on the floor. From directly above the spring, which is unstrained, a 0.30 kg block is dropped from rest.
Determine measures of central tendency : Compute the mean, median, and mode. Which of these measures of central tendency do you think most accurately describes the lifestyle variable you are looking at?
Strategic thinking and effecting change : Design a change framework for the project, which was agreed should be written up as force field analysis to identify and analyse the extent of each element.
Confidence intervals for the proportion of tyson packages : Find 95% confidence intervals for the proportion of Tyson packages with contamination and the proportion of Perdue packages with contamination (use 3 decimal places in your answers).
Find the speed of the arrow as it leaves the bow : At an accident scene on a level road, investigators measure a car's skid mark to be 68-m long. It was a rainy day and the coefficient of friction was estimated to be 0.38. Make use of these data to determine out the speed of the car when the drive..
Expected winnings-charge for ticket for profit : A certain state lottery awards 418 prizes; 28-$200 prizes, 120-$25 prizes and 270-$20 prizes, for every 10,000 tickets sold.
How high vertically would cylinder go before it stops : A cylinder is rolling along the ground without the slipping at 7m/s. It comes to a hill and begins going up. Assuming no losses to friction, how high vertically would it go before it stops.
Widespread resistance of malarial parasite : Widespread resistance of malarial parasite to drugs like chloroquine has prompted attempts to develop a malarial vaccine to combat malaria. Explain why is it difficult to develop an effective malaria vaccine?

Reviews

Write a Review

Game Theory Questions & Answers

  Use the best-response approach to find all nash equilibria

Player 1 has the following set of strategies {A1;A2;A3;A4}; player 2’s set of strategies are {B1;B2;B3;B4}. Use the best-response approach to find all Nash equilibria.

  A supplier and a buyer, who are both risk neutral

A supplier and a buyer, who are both risk neutral, play the following game,  The buyer’s payoff is q^'-s^', and the supplier’s payoff is s^'-C(q^'), where C() is a strictly convex cost function with C(0)=C’(0)=0. These payoffs are commonly known.

  Pertaining to the matrix game theory problem

Pertaining to the matrix need simple and short answers, Find  (a) the strategies of the firm (b) where will the firm end up in the matrix equilibrium (c) whether the firm face the prisoner’s dilemma.

  Nash equilibria

Consider the two-period repeated game in which this stage game is played twice and the repeated-game payo s are simply the sum of the payo s in each of the two periods.

  Find the nash equilibrium

Two players, Ben and Diana, can choose strategy X or Y. If both Ben and Diana choose strategy X, every earns a payoff of $1000.

  Construct the payoff matrix for the game

The market for olive oil in new York City is controlled by 2-families, Sopranos and Contraltos. Both families will ruthlessly eliminate any other family that attempts to enter New York City olive oil market.

  Question about nash equilibrium

Following is a payoff matrix for Intel and AMD. In each cell, 1st number refers to AMD's profit, while second is Intel's.

  Finding the nash equilibrium

Determine the solution to the given advertising decision game between Coke and Pepsi, assuming the companies act independently.

  Nash equilibria to determine the best strategy

Little Kona is a small coffee corporation that is planning entering a market dominated through Big Brew. Each corporation's profit depends on whether Little Kona enters and whether Big Brew sets a high price or a low price.

  Creating a payoff table

Suppose you and your classmate are assigned a project on which you will earn one combined grade. You each wish to receive a good grade, but you also want to avoid hard work.

  Determine the nash equilibrium for trade policy

Consider trade relations in the United State and Mexico. Suppose that leaders of two countries believe the payoffs to alternative trade policies are as follows:

  Find the nash equilibrium outcomes

Use the given payoff matrix for a simultaneous move one shot game to answer the accompanying questions.

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