Estimate the true proportion of freshmen business majors

Assignment Help Basic Statistics
Reference no: EM132065586

It has been reported that 20.4% of incoming freshmen indicate that they will major in business or related field. a random sample of 200 incoming college freshmen were asked their preference and 52 replied that they were considering business as a major estimate the true proportion of freshmen business majors with 92% confidence. The round intermediate calculations to three decimal places and final answers to one decimal place.

Reference no: EM132065586

Questions Cloud

Sample data for inferences about the general population : What methods of statistics can be used with the sample data for inferences about the general population? Explain.
When implementing straddle and inverse straddle position : Explain what the speculative position is when implementing a straddle and inverse straddle position.
Describe method for the dissemination of your ebp project : Describe one internal and one external method for the dissemination of your EBP project results. For example, an internal method may be the hospital board.
Differences between active and passive portfolio management : Discuss the differences between active and passive portfolio management.
Estimate the true proportion of freshmen business majors : It has been reported that 20.4% of incoming freshmen indicate that they will major in business or related field. a random sample of 200 incoming college
Evaluate an evidence-based practice project : In order to evaluate an evidence-based practice project, it is important to be able to determine the effectiveness of your change.
Calculate the modified duration of the bond : calculate the modified duration of the bond. calculating the bond’s sensitivity to changes in interest rates.
Estimate the true proportion of college students : Estimate the true proportion of college students who believe in the possibility of haunted places with 95% confidence.
Calculating bond sensitivity to changes in interest rates : Explain why the modified duration is a better measure than maturity when calculating the bond’s sensitivity to changes in interest rates.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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