The website of the large coporation CorpPlus claims that 97% of the population of all employees say the corporation is a great place to work. You work for a competitor and think that this percentage is not a true indicator of CorpPlus's employee satisfaction. To test the daim from the website, you will survey a random sample of 75 employees from CorpPlus, and ask them whether they think the corporation is a great place to work. Follow the steps below to construct a 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. Then state whether the confidence interval you construct contradicts the website's daim. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results from the random sample. Number Proportion Says the corporation is a great place to work Take Sample 63 0.84 Does not say the corporation is a great place to work 12 0.16 Enter the values of the sample size, the point estimate of the population proportion, and the critical value you need for your 99% confidence interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: x 5 ? Standard error: Critical values Point estimate: F0.005 =2.576 Margin of error: F0.010-2.326 Critical value: F0.025 -1.960
The website of the large coporation CorpPlus claims that 97% of the population of all employees say the corporation is a great place to work. You work for a competitor and think that this percentage is not a true indicator of CorpPlus's employee satisfaction. To test the daim from the website, you will survey a random sample of 75 employees from CorpPlus, and ask them whether they think the corporation is a great place to work. Follow the steps below to construct a 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. Then state whether the confidence interval you construct contradicts the website's daim. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results from the random sample. Number Proportion Says the corporation is a great place to work Take Sample 63 0.84 Does not say the corporation is a great place to work 12 0.16 Enter the values of the sample size, the point estimate of the population proportion, and the critical value you need for your 99% confidence interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: x 5 ? Standard error: Critical values Point estimate: F0.005 =2.576 Margin of error: F0.010-2.326 Critical value: F0.025 -1.960
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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