Create confidence interval estimate-population proportion

Assignment Help Basic Statistics
Reference no: EM13120007

In a survey of 500 senior business executives by Business Week magazine, 52% indicated that they felt that even if merit and abilities are equal, people with MBAs often get promoted faster than people without the degree. Prepare a 92% confidence interval estimate for the population proportion.

Reference no: EM13120007

Questions Cloud

Rectangular stage-side length : One side of a rectangular stage is 2 meters longer than the other. If the diagonal is 10 meters, than what are the lengths of the sides?
Determining demand and revenue : Pools sells above ground model for 'p' dollars each. The monthly revenue from the sale of the pool is given by
What journal entries did they book to go from the beginning : DAN had $2000 beginning balance in utilities payable. he had an ending balance of $4000. Over the course of the period ABC received a bill for utilities for $5000. How much cash did they apy for utilities over the course of teh period?
What will its volume be if the pressure is increased : if a sample of gas at 25.2 C has a volume of 536 mL at 637 torr, what will its volume be if the pressure is increased to 712 torr.
Create confidence interval estimate-population proportion : People with MBAs often get promoted faster than people without the degree. Prepare a 92% confidence interval estimate for the population proportion.
What is the base interest rate paid on deposits : What is the base interest rate paid on deposits among banks in the eurocurrency market called? A.LIBOR.B. INEU
What concentration of carbon dioxide can be dissolv in water : If the pressure of CO2 is 0.550 atm, what concentration of carbon dioxide can be dissolved in water at 0.00C.
Select false statement about board of directors : Select which of these is NOT an example of a financial expert.
Solve the inequality : Solve the inequality for t . Simplify your answer as much as possible.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determine probability that men is drinking coffee

All subjects in the study were questioned about lifestyle factors including alcohol, tea, and coffee consumption. The resulting data are as follows.

  What insurance company charge for policy to break even

Probability is 0.5% that home will suffer the 50% loss due to fire. If we ignore all other partial losses, what premium must insurance company charge for policy just to break even?

  Determining confidence interval and sample size

A sample of 35 different HR departments found that employees worked an average of 240.6 days a year. If the population standard deviation is 18.8 days

  Descriptive statistics and z-scores

Senator Hayes is considering a a run for the U.S. presidency, but she is only 35 years of age, which is the minimum required age. While investigating this issue, she finds the ages of past presidents when they were inaugurated

  Conducting one-sample t-test on data

Steve then conducts a one-sample t-test on the data, knowing that there is an established mean for the publication of others that have taken this test of 6.

  Expected returns and portfolio variance

What happens to the expected return and standard deviation of returns of the portfolio in Part a if the following conditions exist?

  Studying the daytime television viewing habits

Dr. Richmond, a psychologist, is studying the daytime television viewing habits of college students.

  Compute expected value of thief-s initial wealth

If he succeeds he will obtain 2000 US dollars. suppose that thief currently has 1500 US dollars in his pocket. Compute expected value of this undertaking.

  Average utility bill in delaware

Using α = 0.05, does this sample provide enough evidence to conclude that the average utility bill in Delaware was lower in the winter of 2011-2012 than it was in the winter of 2010-2011?

  Recognizing independent variable and dependent variable

Recognize independent variable and dependent variable for this experiment. Think in your head what influences what? Or, what causes what? Cause is independent variable.

  Weighted average of the overall portfolio

How do I construct an example where I would be able to apply the concept of expected value to a problem (e.g. a financial investment problem would be a great way to demonstrate how various stocks in a portfolio produce a weighted average of the ov..

  Probability that a receptor is occupied by a ligand

Derive the probability that a receptor is occupied by a ligand using a model which treats the L ligands in solution as distinguishable particles.

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