For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.A random sample of 5000 permanent dwellings on an entire reservation showed that 1641 were traditional hogans. (a) Let p be the proportion of all permanent dwellings on the entire reservation that are traditional hogans. Find a point estimate for p. (Round your answer to four decimal places.)(b) Find a 99% confidence interval for p. (Round your answer to three decimal places.) lower limit upper limit Give a brief interpretation of the confidence interval. 99% of the confidence intervals created using this method would include the true proportion of traditional hogans.1% of all confidence intervals would include the true proportion of traditional hogans. 99% of all confidence intervals would include the true proportion of traditional hogans.1% of the confidence intervals created using this method would include the true proportion of traditional hogans. (c) Do you think that np > 5 and nq > 5 are satisfied for 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 p̂ is approximately binomial.No, the conditions are not satisfied. This is important because it allows us to say that p̂ is approximately binomial. No, the conditions are not satisfied. This is important because it allows us to say that p̂ is approximately normal.Yes, the conditions are satisfied. This is important because it allows us to say that p̂ is approximately normal.

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

Related questions

Concept explainers

Question

For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.

A random sample of 5000 permanent dwellings on an entire reservation showed that 1641 were traditional hogans.

(a) Let p be the proportion of all permanent dwellings on the entire reservation that are traditional hogans. Find a point estimate for p. (Round your answer to four decimal places.)

(b) Find a 99% confidence interval for p. (Round your answer to three decimal places.)

lower limit
upper limit

Give a brief interpretation of the confidence interval.

99% of the confidence intervals created using this method would include the true proportion of traditional hogans.1% of all confidence intervals would include the true proportion of traditional hogans. 99% of all confidence intervals would include the true proportion of traditional hogans.1% of the confidence intervals created using this method would include the true proportion of traditional hogans.

(c) Do you think that np > 5 and nq > 5 are satisfied for 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 p̂ is approximately binomial.No, the conditions are not satisfied. This is important because it allows us to say that p̂ is approximately binomial. No, the conditions are not satisfied. This is important because it allows us to say that p̂ is approximately normal.Yes, the conditions are satisfied. This is important because it allows us to say that p̂ is approximately normal.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 4 steps with 3 images

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.

Similar questions