Out of a sample of 94 purchases at the drive-up window of a

Assignment Help Basic Statistics
Reference no: EM13607989

Out of a sample of 94 purchases at the drive-up window of a fast-food establishment, 27 were made with a major credit card.

a) Estimate the proportion of sales made with a credit card.

b) Obtain the estimated standard error.

c) Find a 98% confidence interval for the population proportion of purchases paid with a major credit card.

Reference no: EM13607989

Questions Cloud

What is indicated by a large variance for a sample of : what is indicated by a large variance for a sample of difference scores?a consistent treatment effect and a high
When sally turns 30 years old she will receive 10000 per : when sally turns 30 years old she will receive 10000 per year for 10 years in accordance with her grandmothers will.
The taussing company whose stock price is currently 2590 : the taussing company whose stock price is currently 25.90 plans to raise 15 million by issuing common stock.
Fred needs to start saving for retirement he estimates he : fred needs to start saving for retirement. he estimates he will work another 20 years during which time his savings
Out of a sample of 94 purchases at the drive-up window of a : out of a sample of 94 purchases at the drive-up window of a fast-food establishment 27 were made with a major credit
The plates are separated by 030mm and the space between the : a parallel-plate capacitor is constructed with circular plates of radius 5.8times10-2m . the plates are separated by
Atlas co allos select customers to make purchases on : atlas co. allos select customers to make purchases on credits. its other customers can use either of two cardszisa or
Hope kessler would like to buy a new house and is saving up : hope kessler would like to buy a new house and is saving up money for a down payment. her savings account earns
Treating these data as a random sample for the population : each year an insurance company reviews its claim experience in order to set future rates. regarding their damage-only

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