What interval of values would you give

Assignment Help Basic Statistics
Reference no: EM131410971

Suppose you wanted to estimate the proportion of adults who write with their left hands and decide to watch a sample of n people signing credit card receipts at a mall.

a. Do you think this sample would be representative for the question of interest? Explain.

b. Assuming that the sample was representative, how many people would you have to include to estimate the proportion with a margin of error of 5%?

c. Suppose you observed 500 people and 60 of them signed with their left hand. What interval of values would you give as being likely to contain the true proportion of people in the larger population who would sign with their left hand?

d. Is the sampling plan that was used a probability sampling plan? Explain.

Reference no: EM131410971

Questions Cloud

What conclusions you can draw from thinking : An identification of three historical lenses that could be applied to your topic and an explanation of what would happen if each lens were applied.A description of what would happen if a historian using one of these lenses were to approach the Re..
What impact has african american history made on our present : Using the information you have acquired over the last eight weeks, explain how our society has been affected by the events and shaped by the Jim Crow era and the Civil Rights Movement? What impact has African American History made on our present s..
What options you would recommend for healthcare facility : Your paper must examine what options you would recommend for your healthcare facility with support from your research and analysis. The final paper must include at least 5 scholarly sources other than the Reading & Study materials and the Bible.
Discuss what economic factors influence loan defaults : Discuss the effect of "reserves for loan losses" on the financial statements and why a company such as New Century might be reluctant to increase the reserve. Discuss what economic factors influence loan defaults (and especially loans in the subpr..
What interval of values would you give : Do you think this sample would be representative for the question of interest? Explain.- Is the sampling plan that was used a probability sampling plan? Explain.
Evaluate the effectiveness of the organization hr policies : Evaluate the effectiveness of the organization's HR policies and processes that are designed to promote a diverse workforce. Next, outline one (1) strategy for the organization that recognizes affirmative action
Write a restatement of the thesis : The long essay would be a traditional essay that typically five paragraphs long. The first paragraph should introduce the topic and state the student's position / answer to the question. It should contain between three-five (3-5) complete sentence..
Discuss the implications of a weakened real estate market : How does the provision for loan loss affect the balance sheet and the income statement of banks? Why do banks adjust the provision when market conditions change, and why do analysts sometimes question the amount of the reserve set aside by the ban..
How kelly will benefit from having additional information : What benefits will the Kelly's Salon realize if you implement an enterprise-wide system? Identify how Kelly as the manager will benefit from having additional information available.

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