Homework Help is Here – Start Your Trial Now!
Math
Statistics
Check those assumptions: 1. np 450.8 x which is v 2. n(1-P)- 1509.2 x which is v 3. N= 1000000 o which is v 10 If no N is given in the problem, use 1000000 0° 10 39200 ✓o Or

Check those assumptions: 1. np 450.8 x which is v 2. n(1-P)- 1509.2 x which is v 3. N= 1000000 o which is v 10 If no N is given in the problem, use 1000000 0° 10 39200 ✓o Or

MATLAB: An Introduction with Applications
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
icon
Related questions
Question
100%

Hello I really want to understand how to solve this problem. Can you show me the steps to what I got wrong. Much appreciated

According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft ('Consumer fraud and, 2008). Assume a state had 405 complaints of identity theft out of 1960 consumer complaints. Calculate a 94% confidence interval for the proportion of all complaints that are complaints of identity theft in that state. P: Parameter What is the correct parameter symbol for this problem? What is the wording of the parameter in the context of this problem? The percentage of all consumer complaints in that state that are for identity theft A: Assumptions • Since qualitative information was collected from each object, what conditions do we need to check? Check all that apply. In 30 or normal population. ✔n(1-p) ≥ 10 On(1-p) ≥ 10 Oo is unknown. ✔N > 20n np > 10 o is known. □n (p) > 10 Check those assumptions: 1. np 450.8 x which is 2 2. n(1-p)- 1509.2 3. N= 1000000 x which is v which is 21 10 If no N is given in the problem, use 1000000 10 39200 ✓0⁰ oa
Transcribed Image Text:According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft ('Consumer fraud and, 2008). Assume a state had 405 complaints of identity theft out of 1960 consumer complaints. Calculate a 94% confidence interval for the proportion of all complaints that are complaints of identity theft in that state. P: Parameter What is the correct parameter symbol for this problem? What is the wording of the parameter in the context of this problem? The percentage of all consumer complaints in that state that are for identity theft A: Assumptions • Since qualitative information was collected from each object, what conditions do we need to check? Check all that apply. In 30 or normal population. ✔n(1-p) ≥ 10 On(1-p) ≥ 10 Oo is unknown. ✔N > 20n np > 10 o is known. □n (p) > 10 Check those assumptions: 1. np 450.8 x which is 2 2. n(1-p)- 1509.2 3. N= 1000000 x which is v which is 21 10 If no N is given in the problem, use 1000000 10 39200 ✓0⁰ oa
N: Name the procedure The conditions are met to use a [1-Proportion Z-Interval I: Interval and point estimate The symbol and value of the point estimate on this problem are as follows: 405 1750 x Leave answer as a fraction. o is 0.213 X 0.250 7 The interval estimate for Round endpoints to 3 decimal places. C: Conclusion X) • We are 94 0% confident that the The percentage of all consumer complaints in that state that are for identity theft is between 21.3 x% and 25
Transcribed Image Text:N: Name the procedure The conditions are met to use a [1-Proportion Z-Interval I: Interval and point estimate The symbol and value of the point estimate on this problem are as follows: 405 1750 x Leave answer as a fraction. o is 0.213 X 0.250 7 The interval estimate for Round endpoints to 3 decimal places. C: Conclusion X) • We are 94 0% confident that the The percentage of all consumer complaints in that state that are for identity theft is between 21.3 x% and 25
Expert Solution
steps

Step by step

Solved in 5 steps with 13 images

SEE SOLUTIONCheck out a sample Q&A here
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
SEE MORE TEXTBOOKS