Discuss the sampling distribution

Assignment Help Management Theories
Reference no: EM131460785

Question: According to a recent FCC survey, one in six cell phone users have experienced "bill shock" from unexpectedly high cell phone bills (Tech Daily Dose, May 26, 2010).

a. Discuss the sampling distribution of the sample proportion based on a sample of 200 cell phone users. Is it appropriate to use the normal distribution approximation for the sample proportion?

b. What is the probability that more than 20% of cell phone users in the sample have experienced "bill shock"?

Reference no: EM131460785

Questions Cloud

Discuss the sampling distribution of the sample proportion : A recent study by Allstate Insurance Co. finds that 82% of teenagers have used cell phones while driving (The Wall Street Journal, May 5, 2010).
Continuous random variable possesses : And the probability distribution of a continuous random variable possesses what two characteristics? Explain.
Discuss the current and emerging trends in healthcare : Administrators must continuously seek opportunities to increase the profitability of their practice or facility.
Percent confidence interval for the population mean : The sample mean is 62. Determine the 99 percent confidence interval for the population mean.
Discuss the sampling distribution : According to a recent FCC survey, one in six cell phone users have experienced "bill shock" from unexpectedly high cell phone bills.
What financial challenge do mort and irene face : What practical and financial challenge(s) do Mort and Irene face, in your opinion? What additional information would be helpful to you to solve them?
Although appealing to more refined tastes : Although appealing to more refined tastes, art as a collectible has not always performed so profitably. What was his annual rate of return on this sculpture?
What is the probability that the dealer will be fined : A car manufacturer is concerned about poor customer satisfaction at one of its dealerships. The management decides to evaluate the satisfaction surveys.
Research current trends and utilize program concepts : Describe your process of selecting the current trend or solution that you would like to implement within your organization.

Reviews

Write a Review

Management Theories Questions & Answers

  Discuss the positive or negative impacts of competition

Do you think that competition In the healthcare business keeps prices down, pushes prices up, or has no effect on prices? Justify your response with examples and a reference. Discuss the positive or negative impacts of competition in healthcare on ..

  A continuously paying level annuity pays

A continuously paying level annuity pays $50 each year for ten years. The force of interest (delta) is (1-t)^-1. Find the Present Value of this annuity.

  Discuss how the goal affects your direction and motivation

What is a goal for the class for which you are reading this text? - Discuss how the goal affects your direction and motivation.

  A social networking site called google+ owned

A social networking site called Google+ owned and operated by Google Inc.,  an American multinational technology company specializing in Internet related services and products has been running its content review process across various locations world..

  How a company looks at a failed goal is critical as well

Miscommunication between different departments, management and employees can make it difficult to reach. How a company looks at a failed goal is critical as well. So the question is, what happens if the goal is not met

  The best way to position a brand marketers

What is the best way to position a brand Marketers have different views of how to position a brand. Some value structured approaches such as the competitive positioning model described in the chapter, which focuses on specific points-of-parity and..

  Describe the required elements of a communication plan

Explain how change control is implemented in the information technology processes. Analyze the required elements of a communication plan

  What is the extent of muirs personal liability

What is the extent of Muir's personal liability and the personal liability of Jones and Ray as to the judgment obtained by Ware and the debt owing to XYZ Bank?

  Describe manova and mancova

Describe some data analy is situations in which MANOVA and MANCOVA would be appropriate in your areas of interest.

  Mission improvisable

Mission "Improvisable"

  Found a perfect location in a new development

On May 8, 1984, Hannah Eisenstat graduated from Louisiana State University. She set to work opening a coffee shop in Baton Rouge called HannaH and found a perfect location in a new development.

  Measures you propose for screening potential distributors

If a small exporter lacks the resources for an onsite inspection, what measures would you propose for screening potential distributors?

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