Write a statement that interprets the confidence interval

Assignment Help Basic Statistics
Reference no: EM13932867

Interpreting Calculator Display In 1920 only 35% of U.S. households had tele- phones, but that rate is now much higher. A recent survey of 4276 randomly selected households showed that 4019 of them had telephones (based on data from the U.S. Census Bureau). Using those survey results and a 99% confidence level, the TI-83 Plus calculator display is as shown.

a. Write a statement that interprets the confidence interval.

b. Based on the preceding result, should pollsters be concerned about results from surveys conducted by telephone?

Reference no: EM13932867

Questions Cloud

What is the amount of ending inventory : what is the amount of ending inventory?
Residual dividend mode-dividend payout ratio : Residual dividend model Axel Telecommunications has a target capital structure that consists of 70% debt and 30% equity. The company anticipates that its capital budget for the upcoming year will be $3,000,000. If Axel reports net income of $2,000,00..
Transfer selling marketable securities from its portfolio : Barenbaum Industries projects that cash outlays of $4.5 million will occur uniformly Optimal Cash throughout the year. Barenbaum plans to meet its cash requirements by periodically. Transfer selling marketable securities from its portfolio. The firm’..
Can that histogram be approximated by a normal model : The candy company claims that 10% of the M&M's it produces are green. Suppose that the candies are packaged at random in small bags containing about 50 M&M's. A class of elementary school students learning about percents opens several bags, counts th..
Write a statement that interprets the confidence interval : Write a statement that interprets the confidence interval. Based on the preceding result, should pollsters be concerned about results from surveys conducted by telephone?
What was last years dividend per share : After a 5-for-1 stock split, Strasburg Company paid a dividend of $.75 per new share, which represents a 9% increase over last year's pre-split dividend. What was last year's dividend per share?
Strengths of david buss evolutionary theory of personality : Need one to two slides with speaker notes explaining the strengths of David Buss's Evolutionary Theory of Personality
Promotions are partially predicated on public presenteeism : According to the research quoted in The Economist (Elsbach & Cable 2012) corporate promotions are partially predicated on public presenteeism. This seems to indicate a breakdown of trust with regard to telecommuting.

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