Information about population

Assignment Help Basic Statistics
Reference no: EM13105569

This question is asking for speculation about the possible results of a study if we change the size of the population. It all depends on unknowns such as how representative the 100 adults are of the population. In general, the larger the population the sure we are that it is representative of the population.

In a poll of 100 adults, 45% reported they believed in "faith healing." (USA Today, 20 April 1998). Based on this survey, a "95% confidence interval" for the proportion in the population who believe in faith healing is about 42% to 48%. If this poll had been based instead on 5000 adults, do you think the "95% confidence interval" would be wider or narrower than the interval given? Explain

Reference no: EM13105569

Questions Cloud

How decrease overall demand for gasoline in community : Consider the full range of potentials from the availability of bike paths to the cost of car insurance. Develop a conservation strategy that you think could decrease overall demand for gasoline in your community. Who if anyone must implement it? W..
Whose monthly initial payments were higher : These loans were provided to many borrowers who may not have qualified for traditional fixed rate loans, whose monthly initial payments were higher.
Obtain income elasticity of demand : Obtain Income elasticity of demand and Calculate the quantity demanded for goods 1 and 2 at these prices and this income level.
Determine the average waiting time in minutes : The reference desk of a university library recives requests for asssistance. Assume that a poisson probability distribution with an arrival rate of 10 requets per hour.
Information about population : This question is asking for speculation about the possible results of a study if we change the size of the population. It all depends on unknowns such as how representative the 100 adults are of the population.
Illustrate what apr should friendly quote : this means you get 3$ today and repay 4$ when you get your check in one week. Illustrate what is the EAR friendly earns? Illustrate what APR should Friendly quote?
Evaluate costco''s strategy in terms of pricing : Make a response to the questions below about Costco Wholesale, Deliberate and evaluate Costco's strategy in terms of pricing, product selection and marketing and advertising strategy.
Discuss how your selected application relate to organization : Discuss how your selected applications relate to the organizational departments. Comprise an introduction and a conclusion.
Policyholders randomly chosen for company records : An auditor for Health Maintenance Services of Georgia reports 40% of policyholders 55 years of older submit a claim during the year. Fifteen policyholders are randomly selected for company records. How many of the policyholders would you expect to ha..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing critical z-value corresponds to confidence level

What is critical z-value which corresponds to confidence level of 88%.

  Expected premium cost of insurance policy

A bonding company want to insure a construction projects completion. If the project is cancelled due to the contractor's lack of performance

  Confidence interval for proportion-defective dolls

A shipment of 500 dolls is received by Panda Importers. The quality control manager selects a random sample of 75 to test. Five are bound to be defective. Construct a 90 percent confidence interval for the population proportion of defective dolls ..

  Developing appropriate hypotheses

Develop appropriate hypotheses such that rejection of H0 will support the researcher's contention.

  Geometric mean for discrete data

Confirm that these statements are accurate by finding the geometric mean rate of increase.

  Evaluate p-value of the chi-square test of this hypothesis

Suppose we wish to test the null hypothesis that there are no differences among the proportion of men and women who developed a rash. Evaluate the P-value of the chi-square test of this hypothesis.

  Poisson distribution with mean

Suppose that the number of babies born during an hour at a hospital's maternity wing follows a Poisson distribution with a mean of 4 per hour.

  Describing the slope and intercept term

The last lessons have spent a lot of time describing the slope and intercept terms (and their variances) of the one-variable sample regression function.

  Linear regression forecasting model

Based on these data, does it seem that strength of relationship between sales and promotions expenditures is enough to permit using linear regression forecasting model? Describe why?

  Probability addition rule

A recent election return indicated that 55% voted for a proposal, 40% voted against it, and 5% abstained. What is the probability that a voter either abstained or voted against the proposal?

  Description of decision theory

Construct the payoff table for this decision situation. Compute the expected value of each alternative amount of milk that could be stocked, and select the best decision.

  Mean fuel efficiency rating for mid-size cars

Formulate the hypotheses that can be used to determine whether the sample data support the hypothesis that the mean fuel efficiency rating for midsize cars is greater than the mean fuel efficiency rating for large cars.

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