Do the confidence intervals overlap at margin of error

Assignment Help Macroeconomics
Reference no: EM13180103

We would like to determine if Candidate 1 will win the upcoming mayor race. A randomly sampled poll shows candidate 1 ahead of candidate 2. Candidate 1 is projected to win 45% of the votes and Candidate 2 is projected to win 43% of the votes. If the margin of error is 3% for the poll, are we confident that Candidate 1 will win the election? Do the confidence intervals overlap at 3% margin of error?

Reference no: EM13180103

Questions Cloud

Explain what is the concentration of co in the solution : Suppose a 500 mL solution contains 0.50 millimoles of Co(NO3)2, 100.0 millimoles of NH3, and 175.0 millimoles of ethylenediamine. What is the concentration of Co 2+ (aq) in the solution?
Tahow are the distance formula, the pythagorean theorem : How are the distance formula, the Pythagorean theorem, and equations of circles all related? How does one help you understand the others?
Define sodium acetate to reduce the ph : How much 10.0 M HNO3 must be added to 1.00L of a buffer that is 0.0100 M acetic acid and 0.1 M sodium acetate to reduce the pH 4.70?
Which is more important to set to u and dv : Integral of e^(2x)*cos(3x)dx, what are you determining factor in choosing which to set to what?
Do the confidence intervals overlap at margin of error : We would like to determine if Candidate 1 will win the upcoming mayor race. A randomly sampled poll shows candidate 1 ahead of candidate 2. Candidate 1 is projected to win 45% of the votes and Candidate 2 is projected to win 43% of the votes.
State the mixture is diluted with deionized water : To a 100 mL volumetric flask are added 1.00 mL volumes of three solutions: 0.0100 M AgNO3, 0.220 M NaBr, and 0.100 M NaCN. The mixture is diluted with deionized water to the mark and shaken vigorously.
Find the bearing of the ship to the starting point : A ship travels 50 km on a bearing of N27°E. It then makes a left turn of 90° and travels for 140 km. Find the bearing of the ship to the starting point. Round the answer to one decimal place.
Is there a statistically difference in mean golf scores : You would like to determine if the average golf scores for women are different from the average golf scores for men. A random sample of female students scored an average of 115 with 95% confidence interval (112, 118). A random sample of male stu..
English as an official language-national language : Do you think that having English as an official language would discourage Americans from beginning study of a foreign language?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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