Find value of standardized statistic for sample proportion

Reference no: EM131416926

On the basis of past history, a car manufacturer knows that 10% (p = .10) of all newly made cars have an initial defect.

In a random sample of n = 100 recently made cars, 13% (P^{^} = .13) have defects. Find the value of the standardized statistic (z-score) for this sample proportion.

Reference no: EM131416926

Questions Cloud

Create a supply and demand graph in excel : Create a supply and demand graph in Excel that demonstrates the relationship between the amount buyers are willing to purchase and the quantity available.

Explain the functional benefits of this brand : Think about the brands of products that you use, to which brand are you the most loyal? Explain the functional benefits of this brand. Beyond the functional benefits, what does this brand mean to you

Important mathematical constants : This week you were introduced to the natural number e ≈ 2.718. In mathematics there are several important numbers similar to e. You are likely familiar with the constant pi ≈ 3.14. For example: You are likely familiar with the constant pi ≈ 3.14.

What kinds of transactions make up the underground economy : What kinds of transactions make up the underground economy? How does the existence of the underground economy affect the accuracy of GDP, our official measure of overall economic activity? Fully explain you answer.

Find value of standardized statistic for sample proportion : In a random sample of n = 100 recently made cars, 13% (P^ = .13) have defects. Find the value of the standardized statistic (z-score) for this sample proportion.

Make a list of how the cases are similar : Make a list of how the cases are similar. Then make a list of how the cases are dissimilar. Do your lists suggest any issues for further qualitative research to investigate? If yes, please make a list of the issues

Some actions to address backward-looking limitations : What are the two things involved in the leadership challenge to consistently achieve good strategy execution? what issues should communication plan address? How can a company focus on intangible assets when tangible assets are not the most important?..

Find the standardized z statistic : Find the standardized z-statistics for P^ =.20 and P^ =.33.- Draw a picture of the sampling distribution of P^, and identify where P^ =.20 and P^ =.33 fall on the picture.

Rectangular coordinates to the nearest hundredth : 1. Convert the polar coordinates (-3, 135º) into rectangular coordinates. Round the rectangular coordinates to the nearest hundredth.

User Account

All Pages