What is the necessary sample size

Assignment Help Basic Statistics
Reference no: EM13143823

Jolly Blue Giant Health Insurance (JBGHI) is concerned about rising lab test costs and would like to know what proportion of the positive lab tests for prostate cancer are actually proven correct through subsequent biopsy. JBGHI demands a sample large enough to ensure an error of ± 2% with 90% confidence. What is the necessary sample size?

Reference no: EM13143823

Questions Cloud

How is it possible mrna synthesis occurs at a greater rate : How is it possible that mrna synthesis occurs at a greater rate in bacterial cells than any other class, yet very little mrna is present within the cell.
Explain how the margin of error is reported in article : Explain how the margin of error is reported in the article, and how and why the margin of error impacts the results of the study.
Paid in cash at the time of conversion : On October 1, 2011, $2,500,000 of these bonds were converted into 35,000 shares of $15 par common stock. Accrued interest was paid in cash at the time of conversion.
Explain fuel cell using oxygen as the oxidizer and hydrogen : In a fuel cell using oxygen as the oxidizer and hydrogen as the fuel, what is the overall cell reaction?
What is the necessary sample size : Prostate cancer are actually proven correct through subsequent biopsy. JBGHI demands a sample large enough to ensure an error of ± 2% with 90% confidence. What is the necessary sample size?
Excess social security tax paid : Margie has two jobs and both employers withheld FICA tax. From her first job, she earned $88,000 and from her second job she earned $23,000. How much can Margie claim on her Form 1040 as excess social security tax paid in 2010?
Find the probability both circuit boards are defective : If 2 circuit boards are selected at random without replacing the first, what is the probability both circuit boards are defective?
What is the total combined mass of carbon dioxide & water : An automobile gasoline tank holds 22kg of gasoline. When the gasoline burns, 85kg of oxygen is consumed & carbon dioxide & water are produced? What is the total combined mass of carbon dioxide & water that is produced?
Explain the half-life of plutonium : The half-life of plutonium-239 is 24,100 years. How long will it take for a 100 g sample of plutonium to be reduced to 25 g?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Two-sided test and significance level

The expected peak expiratory flow rate in adults is 300 with a standard deviation of 50. how many subjects should be enrolled to ensure 80% power to detect a difference of 15 liters per minute with a two-sided test and significance level of 0.05?

  Computing the variance and standard deviation

Compute the variance and standard deviation of the number that will arrive within two days.

  Mcqs-uniform probability

It takes between 6 to 7.5 hours to drive from Panama City to Boquete, and the drive time is uniformly distributed.

  Two-tailed two-sample z test-chi-square statistic

As it is a 2 × 2 table, try also two-tailed two-sample z test for π 1 = π 2 and verify that z 2 is same as your chi-square statistic. Which test do you prefer? Explain why?

  Creating confidence interval estimate of population mean

Create a 99% confidence interval estimate of population mean amount of paint included in a 1 gallon can.

  Dependent-independent samples

A group of sheep, infested with tapeworms, are randomly divided into two groups as follows. Each sheep is assigned a number (1 through 20) and then 10 numbers

  Fit of a regression equation to the data

What terms describe the fit of a regression equation to the data? What is the practical use of the regression equation in the real world? Explain with some examples.

  Nonprobability sample

Your task is to interview a representative sample of attendees for the large concert venue where you work. The new season includes 200 live concerts featuring all types of musicians and musical groups.

  Test for goodness-of-fit

When such digits are randomly generated, what is the distribution of those digits? Given such randomly generated digits, what is a test for "goodness-of-fit"?

  Estimating 99 percent confidence interval

Develop a 99 percent confidence interval for the population proportion.

  Computing probability values for the given data

A random sample of 100 students at Southern University was collected. The mean age was found to be 24.2 years, with a standard deviation of 3.4 years.

  Computing probability by random number table

The professor wishes to use a random-number table to determine which letter choice should correspond to the correct answer for a question.

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