Intro STATS, Books a la Carte Plus New Mystatlab with Pearson Etext -- Access Card Package
4th Edition
ISBN: 9780321869852
Author: Richard D. De Veaux
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 16, Problem 7E
a.
To determine
Check whether the assumptions and conditions of the confidence interval are met.
b.
To determine
Obtain the number of people needed to be surveyed for 90% confidence interval to ensure the margin of error would be less than 2%.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
32. Consider a normally distributed population with mean μ = 80
and standard deviation σ = 14.
a.
Construct the centerline and the upper and lower control
limits for the chart if samples of size 5 are used.
b. Repeat the analysis with samples of size 10.
2080 101
c. Discuss the effect of the sample size on the control limits.
Consider the following hypothesis test.
The following results are for two independent samples taken from the two populations.
Sample 1
Sample 2
n 1 = 80
n 2 = 70
x 1 = 104
x 2 = 106
σ 1 = 8.4
σ 2 = 7.6
What is the value of the test statistic? If required enter negative values as negative numbers (to 2 decimals).
What is the p-value (to 4 decimals)? Use z-table.
With = .05, what is your hypothesis testing conclusion?
Periodically, Merrill Lynch customers are asked to evaluate Merrill Lynch financial consultants and services (2000 Merrill Lynch Client Satisfaction Survey). Higher ratings on the client satisfaction survey indicate better service with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use = .05 and test to see whether the consultant with more experience has the higher population mean service rating.
Consultant A
Consultant B
= 16
= 10
= 6.82
= 6.25
= .64
= .75
State the null and alternative hypotheses.H0: 1 - 2 Ha: 1 - 2
Compute the value of the test statistic (to 2 decimals).
What is the p-value?The p-value is
What is your conclusion?
Chapter 16 Solutions
Intro STATS, Books a la Carte Plus New Mystatlab with Pearson Etext -- Access Card Package
Ch. 16.1 - A Pew Research study regarding cell phones asked...Ch. 16.1 - Prob. 2JCCh. 16.1 - A Pew Research study regarding cell phones asked...Ch. 16.1 - Prob. 4JCCh. 16.1 - Prob. 5JCCh. 16.2 - Prob. 6JCCh. 16.2 - Prob. 7JCCh. 16.2 - Prob. 8JCCh. 16 - Prob. 1ECh. 16 - Prob. 2E
Ch. 16 - Prob. 3ECh. 16 - Prob. 4ECh. 16 - Prob. 5ECh. 16 - 6. I asked, “How’s life?” In the Gallup poll...Ch. 16 - Prob. 7ECh. 16 - Prob. 8ECh. 16 - Margin of error A TV newscaster reports the...Ch. 16 - Another margin of error A medical researcher...Ch. 16 - Conditions For each situation described below,...Ch. 16 - More conditions Consider each situation described....Ch. 16 - Conclusions A catalog sales company promises to...Ch. 16 - More conclusions In January 2002, two students...Ch. 16 - Confidence intervals Several factors are involved...Ch. 16 - Confidence intervals, again Several factors are...Ch. 16 - Cars What fraction of cars made in Japan? The...Ch. 16 - Prob. 18ECh. 16 - Prob. 19ECh. 16 - Prob. 20ECh. 16 - Prob. 21ECh. 16 - Prob. 22ECh. 16 - 23. Contributions, please The Paralyzed Veterans...Ch. 16 - Take the offer First USA, a major credit card...Ch. 16 - Teenage drivers An insurance company checks police...Ch. 16 - Junk mail Direct mail advertisers send...Ch. 16 - Prob. 27ECh. 16 - Prob. 28ECh. 16 - Prob. 29ECh. 16 - Gambling A city ballot includes a local initiative...Ch. 16 - Rickets Vitamin D, whether ingested as a dietary...Ch. 16 - Teachers A 2011 Gallup poll found that 76% of...Ch. 16 - Prob. 33ECh. 16 - Back to campus ACT, Inc. reported that 74% of 1644...Ch. 16 - Deer ticks Wildlife biologists inspect 153 deer...Ch. 16 - Prob. 36ECh. 16 - Graduation Its believed that as many as 25% of...Ch. 16 - Hiring In preparing a report on the economy, we...Ch. 16 - Prob. 39ECh. 16 - Prob. 40ECh. 16 - Prob. 41ECh. 16 - Another pilot study During routine screening, a...Ch. 16 - Prob. 43ECh. 16 - Amendment A TV news reporter says that a proposed...
Knowledge Booster
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
- A firm paid its first annual dividend yesterday in the amount of $.15 per share. The company plans to double the dividend in each of the next 3 years. Starting in Year 4, the firm plans to pay $1.50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 13.8 percent? Multiple Choice $11.79 $8.92 $10.77 $11.02 $10.26arrow_forwardSuppose the random variable X is normally distributed with mean 80 and standard deviation 16. Find following probabilities. Find ‘b’ such that P(X ≥ b) = 0.975. Find the probability using a normal distribution table AND using ti-83 calculator. SHOW ALL STEPS PLEASE.arrow_forwardSuppose the random variable X is normally distributed with mean 80 and standard deviation 16. Find following probabilities. Equation: P(85 ≤ X ≤ 102). Find the probability using a normal distribution table AND using ti-83 calculator. SHOW ALL STEPS PLEASE.arrow_forward
- Data set is Bachelor Degree's Conferred by Race and Ethnicity.arrow_forward4. Vons, a large supermarket in Grover Beach, California, is con- sidering extending its store hours from 7:00 am to midnight, seven days a week, to 6:00 am to midnight. Discuss the sam- pling bias in the following sampling strategies:arrow_forward3. Natalie Min is an undergraduate in the Haas School of Busi- ness at Berkeley. She wishes to pursue an MBA from Berkeley and wants to know the profile of other students who are likely to apply to the Berkeley MBA program. In particular, she wants to know the GPA of students with whom she might be compet- ing. She randomly surveys 40 students from her accounting class for the analysis. Discuss in detail whether or not Natalie's analysis is based on a representative sample.arrow_forward
- See data attached. SoftBus Company sells PC equipment and customized software to small companies to help them manage their day-to-day business activities. Although SoftBus spends time with all customers to understand their needs, the customers are eventually on their own to use the equipment and software intelligently. To understand its customers better, SoftBus recently sent questionnaires to a large number of prospective customers. Key personnel—those who would be using the software—were asked to fill out the questionnaire. SoftBus received 82 usable responses, as shown in the file. You can assume that these employees represent a random sample of all of SoftBus's prospective customers. SoftBus believes it can afford to spend much less time with customers who own PCs and score at least 4 on PC Knowledge. Let's call these the "PC-savvy" customers. On the other hand, SoftBus believes it will have to spend a lot of time with customers who do not own a PC and score 2 or less on PC…arrow_forwardSee data attached. SoftBus Company sells PC equipment and customized software to small companies to help them manage their day-to-day business activities. Although SoftBus spends time with all customers to understand their needs, the customers are eventually on their own to use the equipment and software intelligently. To understand its customers better, SoftBus recently sent questionnaires to a large number of prospective customers. Key personnel—those who would be using the software—were asked to fill out the questionnaire. SoftBus received 82 usable responses, as shown in the file. You can assume that these employees represent a random sample of all of SoftBus's prospective customers. SoftBus believes it can afford to spend much less time with customers who own PCs and score at least 4 on PC Knowledge. Let's call these the "PC-savvy" customers. On the other hand, SoftBus believes it will have to spend a lot of time with customers who do not own a PC and score 2 or less on PC…arrow_forwardWho is the better student, relative to his or her classmates? Here’s all the information you ever wanted to knowarrow_forward
- 3. A bag of Skittles contains five colors: red, orange, green, yellow, and purple. The probabilities of choosing each color are shown in the chart below. What is the probability of choosing first a red, then a purple, and then a green Skittle, replacing the candies in between picks? Color Probability Red 0.2299 Green 0.1908 Orange 0.2168 Yellow 0.1889 Purple 0.1736arrow_forwardName: Quiz A 5.3-5.4 Sex Female Male Total Happy 90 46 136 Healthy 20 13 33 Rich 10 31 41 Famous 0 8 8 Total 120 98 218 Use the following scenario for questions 1 & 2. One question on the Census at School survey asks students if they would prefer to be happy, healthy, rich, or famous. Students may only choose one of these responses. The two-way table summarizes the responses of 218 high school students from the United States by sex. Preferred status 1. Define event F as a female student and event R as rich. a. Find b. Find or c. Find and 2. Define event F as a female student and event R as rich. a. Find b. Find c. Using your results from a and b, are these events (female student and rich) independent? Use the following scenario for questions 3 & 4. At the end of a 5k race, runners are offered a donut or a banana. The event planner examined each runner's race bib and noted whether Age Less than 30 years old At least 30 years old Total Choice Donut Banana 52 54 106 5 72 77 Total 57 126…arrow_forwardI need help with this problem and an explanation of the solution for the image described below. (Statistics: Engineering Probabilities)arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSON
The Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. Freeman
Introduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
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
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
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
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman
Hypothesis Testing - Solving Problems With Proportions; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=76VruarGn2Q;License: Standard YouTube License, CC-BY
Hypothesis Testing and Confidence Intervals (FRM Part 1 – Book 2 – Chapter 5); Author: Analystprep;https://www.youtube.com/watch?v=vth3yZIUlGQ;License: Standard YouTube License, CC-BY