Do you find that percentage plausible

Reference no: EM131419852

The Paralyzed Veterans of America is a philanthropic organization that relies on contributions. They send free mailing labels and greeting cards to potential donors on their list and ask for a voluntary contribution. To test a new campaign, they recently sent letters to a random sample of 100,000 potential donors and received 4781 donations.

a) Give a 95% confidence interval for the true proportion of those from their entire mailing list who may donate.

b) A staff member thinks that the true rate is 5%. Given the confidence interval you found, do you find that percentage plausible?

Reference no: EM131419852

Questions Cloud

Which function of organizational culture is exemplified : Which function of organizational culture is exemplified here? Which of the following is the least fixed of a person's individual differences? Stimulation is in the ____________ part of Schwartz's model.

Problem regarding the leasing equipment : Suggest one (1) key economic factor that motivates leasing as an option in acquiring an asset. Explain the potential asymmetries that may exist where leasing may be beneficial to both the lessors and the lessee.

Find the margin of error for the poll : Find the margin of error for this poll if we want 95% confidence in our estimate of the percent of American adults who approve of cloning humans.

What is the apr of its nonfree trade credit : If a firm buys under terms of 3/15, net 45 but actually pays on the 20th day and still takes the discount, what is the APR of its nonfree trade credit?

Do you find that percentage plausible : A staff member thinks that the true rate is 5%. Given the confidence interval you found, do you find that percentage plausible?

Calculate the earnings per share : She wants to evaluate the firm's optimal capital structure. Currently, there are 6 million ordinary share outstanding and each share is valued at $5.00. Calculate the earnings per share for FY 2016 under the following scenarios:

Who will register for the offer : If the acceptance rate is only 2% or less, the campaign won't be worth the expense. Given the confidence interval you found, what would you say?

Write in the value with two decimal points : 1. FUTUREDIV INC doesn't pay dividends now, but will pay a dividend of $3.2, 8 years from now and will increase dividends by 2.6% per year thereafter. If investors require a return of 13.6% on this stock, what is the value of the FUTUREDIV stock? ..

What is the dollar cost of each financing arrangement : Establish a one-year line of credit for $2 million with a commercial bank. The commitment fee will be 1/2 percent per year on the unused portion, and the interest charge on the used funds will be 11 percent per annum. Assume that the funds are nee..

User Account

All Pages