Concept explainers
a.
Obtain a 95% confidence interval for the population proportion.
a.

Answer to Problem 18SE
The 95% confidence interval for the population proportion is
Explanation of Solution
Calculation:
In a nationwide poll, 19% out of 363 adults who have seen the ads M, liked the ads a lot.
Confidence interval:
The approximate 95% confidence
Where
Substitute
Thus, the standard error of the proportion is 0.0206.
Confidence interval:
Thus, the approximate 95% confidence interval for the population proportion is
b.
Obtain a 95% confidence interval for the population proportion.
b.

Answer to Problem 18SE
The 95% confidence interval for the population proportion is
Explanation of Solution
Calculation:
The respondents who disliked the new ads are 31%.
Substitute
Thus, the standard error of the proportion is 0.0243.
Confidence interval:
Thus, the approximate 95% confidence interval for the population proportion is
c.
Obtain approximate 95% confidence interval for the proportion of adults who think the ads are very effective.
c.

Answer to Problem 18SE
The approximate 95% confidence interval for the proportion of adults who think the ads are very effective is,
Explanation of Solution
Calculation:
The respondents who felt the ads are very effective is 17%.
Substitute
Thus, the standard error of the proportion is 0.0197.
Confidence interval:
Thus, the approximate 95% confidence interval for the proportion of adults who think the ads are very effective is
d.
Explain the statement and find the number they got.
d.

Explanation of Solution
Calculation:
The statement “margin of error is five percentage points” is reported by Person L.
The standard error is largest when
Now,
Here by multiplying the standard error with 2 the bound is,
Hence, for the sample of 363, the bond would be 5% when
e.
Explain whether the non-sampling error biased the results of the survey or not.
e.

Explanation of Solution
When the poll is conducted by calling people at home during day time then the sample results represents for the adults who are not working outside the home. The Person L took precautions against this reason which causes bias.
Want to see more full solutions like this?
Chapter 21 Solutions
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)
- A company found that the daily sales revenue of its flagship product follows a normal distribution with a mean of $4500 and a standard deviation of $450. The company defines a "high-sales day" that is, any day with sales exceeding $4800. please provide a step by step on how to get the answers in excel Q: What percentage of days can the company expect to have "high-sales days" or sales greater than $4800? Q: What is the sales revenue threshold for the bottom 10% of days? (please note that 10% refers to the probability/area under bell curve towards the lower tail of bell curve) Provide answers in the yellow cellsarrow_forwardFind the critical value for a left-tailed test using the F distribution with a 0.025, degrees of freedom in the numerator=12, and degrees of freedom in the denominator = 50. A portion of the table of critical values of the F-distribution is provided. Click the icon to view the partial table of critical values of the F-distribution. What is the critical value? (Round to two decimal places as needed.)arrow_forwardA retail store manager claims that the average daily sales of the store are $1,500. You aim to test whether the actual average daily sales differ significantly from this claimed value. You can provide your answer by inserting a text box and the answer must include: Null hypothesis, Alternative hypothesis, Show answer (output table/summary table), and Conclusion based on the P value. Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers Numerical answers in the yellow cellsarrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL

