Homework Help is Here – Start Your Trial Now!
Math
Statistics
V Similar to the previous exercise, let's assume that 50% of the population voted for Scott (p=0.50). V If this is the case, then the mean of the sampling distribution will be 0.5. Calculate the standard error of the sampling distribution of the sample proportion using the formula P(1 – p) Round your answer to 4 decimal places. n v Calculate the z-score for the proportion from the exit poll that voted for Scott (0.505). Round to 2 decimal places. V This time we've asked ourselves the question, "Suppose only half the population voted for Scott; would it then be surprising that 50.5% of the sampled individuals voted for him?" Based on your answers above, should you call the race for Scott? Explain your thoughts.

V Similar to the previous exercise, let's assume that 50% of the population voted for Scott (p=0.50). V If this is the case, then the mean of the sampling distribution will be 0.5. Calculate the standard error of the sampling distribution of the sample proportion using the formula P(1 – p) Round your answer to 4 decimal places. n v Calculate the z-score for the proportion from the exit poll that voted for Scott (0.505). Round to 2 decimal places. V This time we've asked ourselves the question, "Suppose only half the population voted for Scott; would it then be surprising that 50.5% of the sampled individuals voted for him?" Based on your answers above, should you call the race for Scott? Explain your thoughts.

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

help please

In an exit poll of 2,696 voters in the 2014 gubernatorial election in Florida, 50.5% said they voted for Rick Scott and 49.5% said they voted for Charlie Crist. Suppose you are at the “decision desk” and you need to decide if you are comfortable calling the race for Scott. To make this decision, do the following: - **Assumptions:** - Similar to the previous exercise, let’s assume that 50% of the population voted for Scott (\(p=0.50\)). - If this is the case, then the mean of the sampling distribution will be 0.5. - **Calculate** the standard error of the sampling distribution of the sample proportion using the formula: \[ \sqrt{\frac{p(1-p)}{n}} \] - Round your answer to four decimal places. - **Calculate** the z-score for the proportion from the exit poll that voted for Scott (0.505). Round to two decimal places. - **Considerations:** - This time we’ve asked ourselves the question, “Suppose only half the population voted for Scott; would it then be surprising that 50.5% of the sampled individuals voted for him?” Based on your answers above, should you call the race for Scott? Explain your thoughts. Note: This exercise involves doing calculations to explore whether the sample proportion significantly differs from the assumed population proportion, utilizing statistical tools such as standard error and z-scores to inform decision-making in an electoral context.
Transcribed Image Text:In an exit poll of 2,696 voters in the 2014 gubernatorial election in Florida, 50.5% said they voted for Rick Scott and 49.5% said they voted for Charlie Crist. Suppose you are at the “decision desk” and you need to decide if you are comfortable calling the race for Scott. To make this decision, do the following: - **Assumptions:** - Similar to the previous exercise, let’s assume that 50% of the population voted for Scott (\(p=0.50\)). - If this is the case, then the mean of the sampling distribution will be 0.5. - **Calculate** the standard error of the sampling distribution of the sample proportion using the formula: \[ \sqrt{\frac{p(1-p)}{n}} \] - Round your answer to four decimal places. - **Calculate** the z-score for the proportion from the exit poll that voted for Scott (0.505). Round to two decimal places. - **Considerations:** - This time we’ve asked ourselves the question, “Suppose only half the population voted for Scott; would it then be surprising that 50.5% of the sampled individuals voted for him?” Based on your answers above, should you call the race for Scott? Explain your thoughts. Note: This exercise involves doing calculations to explore whether the sample proportion significantly differs from the assumed population proportion, utilizing statistical tools such as standard error and z-scores to inform decision-making in an electoral context.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 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