Answered: According to the World Bank’s year 2015…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 8SGR

See similar textbooks

Related questions

Concept explainers

Question

According to the World Bank’s year 2015 estimates of the Poverty Overview, 10% of the world population lived on less than US $1.90 a day. Angela, a development economist, wants to conduct a comparative study in her local community of the Bronx, New York. She randomly selects 200 individuals from the Bronx and finds that 0% of the sample is living below $1.90 a day. Using this information, clearly identify the parameter and statistic.

Using this information, the parameter is ______ and statistic is _______ respectively.

Select one:

a. 10%, 200

b. $1.90, 200

c. 10%, 0%

d. 0%, 10%

Expert Solution

Step 1

Solution:

From the given information, population proportion is 10%, sample proportion is 0% and n=200.

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

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

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill