A streaming service is considering acquiring the rights for a new show for their service. They are interested in the population proportion of their customers who are fans of the show. In survey of 340 randomly selected customers, 75 said that they are fans of the show. Assume the binomial criteria. Please round answers to four decimal places. a) Name the distribution used to construct Cls. O a. Z-distribution b. Binomial distribution O c. Uniform distribution o d. t-distribution b) Calculate p. Answer: Find the 98% confidence interval for the population proportion of their customers who are fans of the show in parts c) - e). c) What is the margin of error for this 98% confidence interval?

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
Topic Video
Question

Hi, can someone please help me with this?

 

A streaming service is considering acquiring the rights for a new show for their service. They are interested in the population proportion of their customers who are fans of the
show. In survey of 340 randomly selected customers, 75 said that they are fans of the show. Assume the binomial criteria.
Please round answers to four decimal places.
a) Name the distribution used to construct Cls.
o a. Z-distribution
b. Binomial distribution
O c. Uniform distribution
d. t-distribution
b) Calculate p .
Answer:
Find the 98% confidence interval for the population proportion of their customers who are fans of the show in parts c) - e).
c) What is the margin of error for this 98% confidence interval?
Answer:
Transcribed Image Text:A streaming service is considering acquiring the rights for a new show for their service. They are interested in the population proportion of their customers who are fans of the show. In survey of 340 randomly selected customers, 75 said that they are fans of the show. Assume the binomial criteria. Please round answers to four decimal places. a) Name the distribution used to construct Cls. o a. Z-distribution b. Binomial distribution O c. Uniform distribution d. t-distribution b) Calculate p . Answer: Find the 98% confidence interval for the population proportion of their customers who are fans of the show in parts c) - e). c) What is the margin of error for this 98% confidence interval? Answer:
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Research Design Formulation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
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