Sketch4. To reduce the paperwork and administrative cost, a company wants to know whetheremployees are satisfied with the new reimbursement policy for meals during businesstravel. In an annual survey last year, 65% of all employees reported that they weresatisfied with the old policy. To evaluate the new policy, the company conducts a newsurvey of 254 employees, and finds that 160 of them support it. Is the new policy evenless popular than the old one? Use a = 0.01.635 PMP Type here to search2/20/2022

Answered: o reduce the paperwork and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Investment advisors agree that near-retirees, defined as people aged 55 to 65, should have balanced portfolios. Most advisors suggest that the near-retirees have no more than 50% of their investments in stocks. However, during the huge decline in the stock market in 2008, 15% of near-retirees had 90% or more of their investments in stocks (P. Regnier, “What I Learned from the Crash,” Money, May 2009, p. 114). Suppose you have a random sample of 12 people who would have been labeled as near-retirees in 2008. What is the probability that during 2008: two or more had 90% or more of their investment in stocks?
5. First USA, a major credit card company, is planning a new offer for their current cardholders. The offer will give double miles on purchases for the next 6 months if the cardholder goes online and registers for the offer. To test the effectiveness of the campaign, First USA recently sent out offers to a random sample of 50,000 cardholders. Of those, 1284 registered. a) Construct a 95% Cl for the true proportion of those cardholders who will register for the offer. Assume the requirements are met. This Cl is for b) If the acceptance rate is only 2% or less, the campaign won't be worth the expense. Given the confidence interval you found, is the campaign worth the expense? Explain why using the Cl.
The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 448 out of 973 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places. d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? No, the…
Your place of employment is trying to determine whether to allow its employees to work from home for2 days a week. Knowing that you’ve previously taken a statistics course, your boss asks you to “figure itout”. You create a survey to gauge employee interest in this area.1. Formerly, your place of employment has tried to give surveys to everyone, a census, but only a fewpeople responded to the email. Your new plan is to randomly choose some employees and administerthe survey yourself. You put everyone’s name on a numbered list and randomly choose numbers untilyou have your sample. What form of sampling is being described here?2. Suppose you want to estimate the percentage of employees who want to work from home. Doingsome research on the internet, you find a recent study that found that 72% of employees prefer a hybridremote-office model. Using that value as your sample proportion, ?̂, estimate how many people youwould need to survey in order to estimate the percentage in your company…
A politician asked his constituents via a Facebook poll to help him how he should vote on a bill that would establish 150m Protester Exclusion Zones around abortion clinics in New South Wales, Australia. On his Facebook page, Philip Donato stated “I believe this is a matter of conscience and the views of my electorate should supersede my own.” After the poll closed, the final Facebook poll results had 78%78% of the 1960019600 voters indicating support for the Protester Exclusion Zones. Use our quick and approximate method to determine the margin of error for the final Facebook poll results. Give your answer as a percentage precise to two decimal places.
In a survey, respondents were asked to disclose their political affiliation (Democrat, Independent, Republican) and also answer the question "Would you be willing to pay higher taxes if the tax revenue went directly toward deficit reduction?" Create a contingency table and determine whether the results suggest there is an association between political affiliation and willingness to pay higher taxes to directly reduce the federal debt. Use the a= 0.05 level of significance. Click the icon to view the results of the survey. Construct a contingency table. Democrat Independent Republican Willing to pay higher taxes? Yes. No 9 7 6 3 11 14
he North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 420 out of 912 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? No conclusions can…
Your local school board wants to determine the proportion of people who plan on voting for the school levy in the upcoming election. They conduct a random phone poll, where they contact 150 individuals and ask them whether or not they plan on voting for the levy. Of these 150 respondents, 78 people say they plan on voting for the levy. The school board wants to determine whether or not the data supports the idea that more than 50% of people plan on voting for the levy. Calculate the p-value for the one-sided Hypothesis test described in this example. (Hint: Find the test statistic and then use the tables to find the p-value.) 0.20 < p-value < 0.30 0.6879 0.3121 greater than 0.5 0.4899
After post-graduate study, Mike found a job as HR analyst in London. Thecompany is currently recruiting Chief Marketing Officer. The HR departmentrecently sent out a knowledge test to the applicants after the initial CVscreening. At this stage of selection, the company does not invite the lowestscoring 30% (the opposite is the highest 70%.) back for the next face-to-faceinterview. According to the historical data, the test scores on this test arenormally distributed and has a mean of 70 with standard deviation of 10. a.What mark (to the nearest whole number) must a candidate achieve inorder to secure an interview? Show your workings.b. Explain the characteristics of standard normal distribution and normaldistribution, respectively.
i need in words not handwritten no pic
What is capital budgeting? What are the differences between screening decisions and preference decisions?
You plan to survey fans regarding whether they pay $1 more for an upcoming album if it came with a code that lets them download cool images and videos from the bands website. If you want the margin of error to be no more than 4.25% what is the minimum number of people you need to survey? Suppose you do this survey using the number calculated in part (a) and 90% of people surveyed said they'd pay that extra dollar. Your boss is concerned that your sample was too limited geographically, so you do the survey all over again ( sampling a new, equal size, group of people). The second time you do the survey, 70% of people surveyed say they'd pay that extra dollar. Which one of the following statements are true? A. The second time you did the survey, the margin of error was smaller. B. The second time you did the survey, the margin of error was equal. C The second time you did the survey the margin of error was larger

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