A minority representation group accuses a major bank of racial discrimination in its recent hires for financial analysts. Exactly 10% of all applications were from minority members, and exactly 8% of the 900 open positions were filled by members of the minority. Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of p, where p is the proportion of minority member applications in a random sample of 900 that is drawn from all applications. (b) Find the standard deviation of p. (c) Compute an approximation for P ps0.08), which is the probability that there will be 8% or fewer minority member applications in a random samnle of 000 from all anplis

A minority representation group accuses a major bank of racial discrimination in its recent hires for financial analysts. Exactly 10% of all applications were from minority members, and exactly 8% of the 900 open positions were filled by members of the minority. Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of p, where p is the proportion of minority member applications in a random sample of 900 that is drawn from all applications. (b) Find the standard deviation of p. (c) Compute an approximation for P ps0.08), which is the probability that there will be 8% or fewer minority member applications in a random samnle of 000 from all anplis

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

A teacher has 10 students in her class. She collected the finishing time (in minutes) of the mathematics testfor all students:20 24 22 32 23 25 37 26 40 35(a) Find the 25th percentile and 75th percentile of the data. (b) Find the median of the data. (c) Find the range and interquartile range of the data (d) Comment on the skewness of the data with a reason.
The following are boxplots of the numbers of hits at a certain website for the different days of the week. True or false? Less than 25 percent of Thursdays had a higher number of hits than the busiest Saturday.
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. The National Council of Small Businesses is interested in the proportion of small businesses that declared Chapter 11 bankruptcy last year. Since there are so many small businesses, the National Council intends to estimate the proportion from a random sample. Let p be the proportion of small businesses that declared Chapter 11 bankruptcy last year. (a) If no preliminary sample is taken to estimate p, how large a sample is necessary to be 99% sure that a point estimate p will be within a distance of 0.08 from p? (Round you answer up to the nearest whole number.) ]× small businesses (b) In a preliminary random sample of 30 small businesses, it was found that eleven had declared Chapter 11 bankruptcy. How many more small businesses should be included in the sample to be 99% sure that a point estimate p will be within a distance of 0.080 from p? (Round your answer…
A minority representation group accuses a major bank of racial discrimination in its recent hires for financial analysts. Exactly 12% of all applications were from minority members, and exactly 10% of the 1650 open positions were filled by members of the minority. Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of p, where p is the proportion of minority member applications in a random sample of 1650 that is drawn from all applications. 5 ? (b) Find the standard deviation of p. (c) Compute an approximation for P(p <0.1), which is the probability that there will be 10% or fewer minority member applications in a random sample of 1650 drawn from all applications. Round your answer to four decimal places.
1) A consumer research company wants to estimate the average cost of an airline ticket for a round trip from New York to Los Angeles. A random sample of 50 airfares had an average price of $438. Identify the variable. (a) Simple random sample (c) Consumer research company (b) Airline fare (d) City e) $438
A researcher wants to determine the percentage of American teenagers who send or receive text messages while doing homework. Which of the following techniques would likely be the MOST efficient way of obtaining an accurate estimate for this percentage? 1. Randomly select teenagers from the list of all teenage students in every state in America and mail surveys to those teens, asking them if they send or receive text messages while doing homework. 2. Send a survey to every teenager in America and ask them if they send or receive text messages while doing homework. 3. Randomly select teenagers from the list of all teenage students in one state and mail surveys to those teens, asking them if they send or receive text messages while doing homework.
. A polling agency wants to estimate the percentage of voters in favor of repealing and replacing the Affordable Care Act, and it wants to provide a margin of error of no more than 1.8 percentage points with 99% confidence. Which of the following should be used to determine the number of respondents (n) the agency must poll? (A) It cannot be determined from the given information. (0.5)(0.5) n (0.5)(0.5) <0.018 (B) 1.96 (C) 2.576 <0.018 n (0.5)(0.5) (D) 2.576 <0.036 n (E) 2.576, (0.99 (0.01) 11 <0.018
Suppose 25% of workers in a market are willing to work for $55.000 and 75% of workers are willing to work for $63,000. The expected benetit of searching (interviewing) another worker equals S
Twelve percent of the world's population is left-handed. A researcher claims that left-handed individuals are more creative than those who aren't left-handed. In order to support his claim, he takes a sample of 1650 artists and finds that 14% of.them are left-handed. Español Answer the following. (If necessary, consult a list of formulas.) (a) Find the mean of p, where p is the proportion of left-handed individuals in a random sample of 1650. 00 (b) Find the standard deviation of p. (c) Compute an approximation for P (p s0.14), which is the probability that there will be 14% or fewer left-handed people in a random sample of 1650. Round your answer to four decimal places. Save For Later Submit Assignment Check Terms of Use Privacy Center Accessibility acer esc backspa
A choral conductor has 1885 singers in her choir, some of them are professional singers. The conductor wants to estimate what percentage of singers are professional, but can't ask all 1885, so she instead asks 630 singers in front and finds 17 who are professionals. (a) Identify the sample.A. 17/1885B. 630C. singers who were askedD. None of the above. (b) Identify the populationA. percentage of entire singers who are professionalB. entire singersC. 17/1885D. None of the above. (c) What specific type of bias does this scenario demonstrate?A. Voluntary response samplingB. Convenience SamplingC. It is representative of the population.D. None of the above. (d) Identify the parameterA. range of values in which 95% values fallB. percentage of entire singers who are professionalC. 17D. None of the above.
In a combined study of northern pike, cutthroat trout, rainbow trout, and lake trout, it was found that 40 out of 866 fish died when caught and released using barbless hooks on flies or lures. All hooks were removed from the fish. (a) Let p represent the proportion of all pike and trout that die (i.e., p is the mortality rate) when caught and released using barbless hooks. Find a point estimate for p. (Round your answer to four decimal places.)(b) Find a 99% confidence interval for p. (Round your answers to three decimal places.) lower limit upper limit Give a brief explanation of the meaning of the interval. We are 99% confident that the true catch-and-release mortality rate falls outside this interval.We are 1% confident that the true catch-and-release mortality rate falls above this interval. We are 99% confident that the true catch-and-release mortality rate falls within this interval.We are 1% confident that the true catch-and-release mortality rate falls…