Homework Help is Here – Start Your Trial Now!
Math
Statistics
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 66 professional actors, it was found that 36 were extroverts. (a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.) p = q= (b) Find a 95% confidence interval for p. Find the maximal margin of error. (Round your answer to two decimal places.) E = Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. O We are 95% confident that the true proportion of actors who are extroverts falls within this interval. O We are 95% confident that the true proportion of actors who are extroverts falls outside this interval. O We are 5% confident that the true proportion of actors who are extroverts falls within this interval. O We are 5% confident that the true proportion of actors who are extroverts falls above this interval. (c) Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration. O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial. O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal. O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial. O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal.

For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 66 professional actors, it was found that 36 were extroverts. (a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.) p = q= (b) Find a 95% confidence interval for p. Find the maximal margin of error. (Round your answer to two decimal places.) E = Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. O We are 95% confident that the true proportion of actors who are extroverts falls within this interval. O We are 95% confident that the true proportion of actors who are extroverts falls outside this interval. O We are 5% confident that the true proportion of actors who are extroverts falls within this interval. O We are 5% confident that the true proportion of actors who are extroverts falls above this interval. (c) Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration. O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial. O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal. O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial. O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal.

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
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 66 professional actors, it was found that 36 were extroverts. (a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.) p â = (b) Find a 95% confidence interval for p. Find the maximal margin of error. (Round your answer to two decimal places.) E = Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. We are 95% confident that the true proportion of actors who are extroverts falls within this interval. We are 95% confident that the true proportion of actors who are extroverts falls outside this interval. We are 5% confident that the true proportion of actors who are extroverts falls within this interval. We are 5% confident that the true proportion of actors who are extroverts falls above this interval. (c) Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration. Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial. Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal. No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial. No, the conditions are not satisfied. This is important because it allows us to say that ô is approximately normal.
Transcribed Image Text:For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 66 professional actors, it was found that 36 were extroverts. (a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.) p â = (b) Find a 95% confidence interval for p. Find the maximal margin of error. (Round your answer to two decimal places.) E = Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. We are 95% confident that the true proportion of actors who are extroverts falls within this interval. We are 95% confident that the true proportion of actors who are extroverts falls outside this interval. We are 5% confident that the true proportion of actors who are extroverts falls within this interval. We are 5% confident that the true proportion of actors who are extroverts falls above this interval. (c) Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration. Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial. Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal. No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial. No, the conditions are not satisfied. This is important because it allows us to say that ô is approximately normal.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 8 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
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