a) Looking at the histograms, what is the smallest sample size you would be comfortable using the Normal model as an approximation for the sampling distribution?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
=
An automatic character recognition device successfully reads
about 85% of handwritten credit card applications. To estimate
what might happen when this device reads a stack of
applications, the company did a simulation using samples of size
20, 50, 75, and 100. For each sample size, they simulated 1000
samples with success rate p = 0.85 and constructed the
histogram of the 1000 sample proportions. The histograms,
sample statistics, and theoretical values are shown in the
accompanying tables. Complete parts a and b below.
Click the icon to view the sample statistics and theoretical
values.
Click the icon to view the histograms.
a) Looking at the histograms, what is the smallest sample size
you would be comfortable using the Normal model as an
approximation for the sampling distribution?
A. The Normal model would be reasonable to use for a
sample size of at least 100.
B. The Normal model would be reasonable to use for a
sample size of at least 50.
OC. The Normal model would be reasonable to use for a
sample size of at least 20.
D. The Normal model would be reasonable to use for a
sample size of at least 75.
b) What does the Success/Failure Condition say about what
sample size should be used?
A. The Success/Failure Condition is satisfied for sample
sizes of at least 20.
B. The Success/Failure Condition is satisfied for sample
sizes of at least 75.
OC. The Success/Failure Condition is satisfied for sample
sizes of at least 100.
O D. The Success/Failure Condition is satisfied for sample
sizes of at least 50.
Transcribed Image Text:= An automatic character recognition device successfully reads about 85% of handwritten credit card applications. To estimate what might happen when this device reads a stack of applications, the company did a simulation using samples of size 20, 50, 75, and 100. For each sample size, they simulated 1000 samples with success rate p = 0.85 and constructed the histogram of the 1000 sample proportions. The histograms, sample statistics, and theoretical values are shown in the accompanying tables. Complete parts a and b below. Click the icon to view the sample statistics and theoretical values. Click the icon to view the histograms. a) Looking at the histograms, what is the smallest sample size you would be comfortable using the Normal model as an approximation for the sampling distribution? A. The Normal model would be reasonable to use for a sample size of at least 100. B. The Normal model would be reasonable to use for a sample size of at least 50. OC. The Normal model would be reasonable to use for a sample size of at least 20. D. The Normal model would be reasonable to use for a sample size of at least 75. b) What does the Success/Failure Condition say about what sample size should be used? A. The Success/Failure Condition is satisfied for sample sizes of at least 20. B. The Success/Failure Condition is satisfied for sample sizes of at least 75. OC. The Success/Failure Condition is satisfied for sample sizes of at least 100. O D. The Success/Failure Condition is satisfied for sample sizes of at least 50.
mpted
Sample Statistics and Theoretical Values
estion 6
estion 7
estion 8
estion 9
estion 1
estion 11
estion 11
n
20
50
75
100
# of Samples
Observed
Mean
0.8465
0.8405
0.8402
0.8487
Histograms
# of Samples
Samples of size 20
400-
300-
200-
100-
0-
0.5
Print
100-
50-
Samples of size 75
250
200-
150-
0+
0.65
Theoretical
Mean
Sample Proportions
1.0
1.0
Sample Proportions
0.85
0.85
0.85
0.85
Q
O
Done
The Nomar mouer would be Teasonable to use for a
Observed
st.dev.
0.1005
0.0616
0.0541
0.0654
# of Samples
# of Samples
Samples of size 50
400-
300-
200-
100-
0-
0.65
Theoretical
st.dev.
0.0798
0.0505
0.0412
0.0357
200-
150-
100-
50-
Samples of size 100
250-
Sample Proportions
0-
0.7
1.0
0.9
Sample Proportions
- X
ra
ra
ra
hat
hple
hple
hple
hple
Transcribed Image Text:mpted Sample Statistics and Theoretical Values estion 6 estion 7 estion 8 estion 9 estion 1 estion 11 estion 11 n 20 50 75 100 # of Samples Observed Mean 0.8465 0.8405 0.8402 0.8487 Histograms # of Samples Samples of size 20 400- 300- 200- 100- 0- 0.5 Print 100- 50- Samples of size 75 250 200- 150- 0+ 0.65 Theoretical Mean Sample Proportions 1.0 1.0 Sample Proportions 0.85 0.85 0.85 0.85 Q O Done The Nomar mouer would be Teasonable to use for a Observed st.dev. 0.1005 0.0616 0.0541 0.0654 # of Samples # of Samples Samples of size 50 400- 300- 200- 100- 0- 0.65 Theoretical st.dev. 0.0798 0.0505 0.0412 0.0357 200- 150- 100- 50- Samples of size 100 250- Sample Proportions 0- 0.7 1.0 0.9 Sample Proportions - X ra ra ra hat hple hple hple hple
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman