Estimate for the overall proportion

Assignment Help Basic Statistics
Reference no: EM131115895

1. Suppose a restaurant chain has run a major advertising campaign in the hopes of increasing monthly sales. To investigate the effectiveness of this campaign, the chain randomly selected seven restaurants and recorded the monthly sales before and after the advertising. The following data represents these sales figures in thousands of dollars.

Restaurant

1

2

3

4

5

6

7

After

$127

$122

$145

$156

$160

$134

$108

Before

$107

$110

$143

$168

$145

$125

$98

If Population 1 is defined as the year 2012 and Population 2 is defined as the year 2011, the 90% confidence interval for the difference in population means is ________. Round values to two decimal places.

A. (0.36, 15.64)

B.(-3.46, 19.46)

C. (3.45, 12.55)

D. (-1.63, 17.63)

2) A telephone company would like to test the hypothesis that the proportion of 18-to 34-year-olds that own a cell phone is less than the proportion of 35-to 49-year-olds. A random sample of 200 18-to 34-year-olds found that 126 owned a smartphone. A random sample of 175 35-to 49-year-olds found that 119 owned a smartphone. If Population 1 is defined as 18-to 34-year-olds and Population 2 is defined as 35-to 49-year-olds, the pooled estimate for the overall proportion is ________. Round to three decimal places.

A. 0.680

B. 0.608

C. 0.653

D. 0.627

3) A telephone company would like to test the hypothesis that the proportion of 18-to 34-year-olds that own a cell phone is less than the proportion of 35-to 49-year-olds. A random sample of 200 18-to 34-year-olds found that 126 owned a smartphone. A random sample of 175 35-to 49-year-olds found that 119 owned a smartphone. If Population 1 is defined as 18-to 34-year-olds and Population 2 is defined as 35-to 49-year-olds, the p-value for this hypothesis test is ________.

A. 0.1025

B. 0.0026

C. 0.0087

D. 0.1562

Reference no: EM131115895

Questions Cloud

How can she earn any money : Since the chance of having a female is approximately 50%, how can she earn any money?
Report the confidence interval : Which one of the following is the best way to report this confidence interval? (Assume the requirements for this confidence interval are met.)
Calculate the bond price include settlement date ,\maturity : In February 2009 Treasury 6s of 2026 offered a semiannually compounded yield of 3.5965%. Recognizing that coupons are paid semiannually, calculate the bond's price. Include settlement date, maturity date, coupon rate, YTM and Price. In February 2009 ..
How does the price elasticity of demand for gasoline impact : How does the price elasticity of demand for gasoline impact the effectiveness of taxes on gasoline aimed at correcting a negative externality?
Estimate for the overall proportion : A random sample of 175 35-to 49-year-olds found that 119 owned a smartphone. If Population 1 is defined as 18-to 34-year-olds and Population 2 is defined as 35-to 49-year-olds, the pooled estimate for the overall proportion is ________. Round to t..
Can you identify the source of the false identification : Research a person who was falsely convicted of a crime based on eye witness testimony
Is this a good or bad idea from a psychological perspective : Is this a good or bad idea, from a psychological perspective? Why or why not? Explain your answer.
Analyze key facts in your research and examine key issues : Prepare a summary of the research findings from the research study, interpret the results, and render a conclusion that should be presented to the stakeholders/constituents associated with the research.
How could the system be improved : The media often attempts to predict the outcome of national elections. Why are they often wrong? Based on the concepts presented in this module's readings, how could the system be improved?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Model overestimate or underestimate the price

You have found a 3.0 TB drive for $300. Is this a good buy? How much would you save compared to what you expected to pay? Does the model overestimate or underestimate the price?

  Conclude that the population means are different

At the .05 significance level, can Macaray conclude that the population means are different? Note that you should show all 5 steps in the test of hypothesis.

  Identify the role of p-values and confidence intervals

identify the role of p-values and confidence intervals within epidemiologic research and provide examples of how these

  Few reasons why it along with your chi-squared analysis

Use a bag of M&M TM  candies and perform an examploe Chi-squared analysis based on your random sampling(s). State a hypothesis and a few reasons why it along with your Chi-squared analysis may be different from someone else's findings.

  X and y are independent both x and y have an exponential

x and y are independent. both x and y have an exponential distribution. if x had mean 3 and y had mean -2a find the

  A hospital administrator wants to measure average time per

a hospital administrator wants to measure average time per hip replacement procedure performed in the institutions

  Calculate the batting average of each player

College softball programs have a limited number of scholarships to offer promising high school seniors, so the programs invest a great deal of effort in evaluating these players.

  Characteristics of the scientific method except

The following are characteristics of the scientific method except for: (a) the definition of the problem in specific terms

  Single mean using hypothesis test

At the 0.05 significance level, can Ms. Bridgend conclude that she is earning an average of more than $20 in tips?

  Apply porter value chain model to costco

Apply Porter's value chain model to Costco (www.costco .com). What is Costco's competitive strategy? Who are Costco's major competitors? Describe Costco's business model.

  Random vector with nonsingular covariance matrix

Following Theorem 6.6 prove that the reciprocal proportionality model (Section 6.4.1) is invariant with respect to scaling of the observed random variables.

  Detailed explanation of z test

You are the manager of a fast food restaurant. You want to determine whether the population mean waiting time to place an order has changed in the past month from its previous population mean value of 4.5 minutes.

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