Determine margin of error of three surveys based on sample size and verify. First Survey: According to a recent Gallup poll, about 60% of all American adults owned a cell phone at the time of the poll. The results are based on telephone interviews with a randomly selected national sample of 804 adults, 18 years and older, conducted March 30April 2, 2001. The 95% margin of error was reported to be 3.5%. Second Survey: In march 1, 2011 PBS results said that 69% of voters oppose congressional elimination of government funding with margin of error ± 4.5%. The total number of registered voters is 494. Third Survey: A recent poll reported that 62% of all college students among 625 believe there is extra-terrestrial life. The 95% margin of error for the poll was 4%.

Question

Want to see the full answer?

Answer 1

Question

Chapter 6.D, Problem 53E

To determine

Determine margin of error of three surveys based on sample size and verify.

First Survey:

According to a recent Gallup poll, about 60% of all American adults owned a cell phone at the time of the poll. The results are based on telephone interviews with a randomly selected national sample of 804 adults, 18 years and older, conducted March 30April 2, 2001. The 95% margin of error was reported to be 3.5%.

Second Survey:

In march 1, 2011 PBS results said that 69% of voters oppose congressional elimination of government funding with margin of error ± 4.5%. The total number of registered voters is 494.

Third Survey:

A recent poll reported that 62% of all college students among 625 believe there is extra-terrestrial life. The 95% margin of error for the poll was 4%.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Consider the proof below: Proposition: If m is an even integer, then 5m +4 is an even integer. Proof: We see that |5m+4=10n+4 = 2(5n+2). Therefore, 5m+4 is an even integer. **Note: you may assume the proof is valid, just poorly written. Based upon the Section 1.3 screencast and the reading assignment, select all writing guidelines that are missing in the proof. Proof begins by stating assumptions ✓ Proof has an invitational tone/uses collective pronouns Proof is written in complete sentences Each step is justified ☐ Proof has a clear conclusion

Note: The purpose of this problem below is to use computational techniques (Excelspreadsheet, Matlab, R, Python, etc.) and code the dynamic programming ideas seen inclass. Please provide the numerical answer to the questions as well as a sample of yourwork (spreadsheet, code file, etc.).We consider an N-period binomial model with the following properties: N = 60, thecurrent stock price is S0 = 1000; on each period, the stock price increases by 0.5% whenit moves up and decreases by 0.3% when it moves down. The annual interest rate on themoney market is 5%. (Notice that this model is a CRR model, which means that thebinomial tree is recombining.)(a) Find the price at time t0 = 0 of a (European) call option with strike price K = 1040and maturity T = 1 year.(b) Find the price at time t0 = 0 of a (European) put option with strike price K = 1040and maturity T = 1 year.(c) We consider now, that you are at time t5 (i.e. after 5 periods, which represents 1month later). Assume that the stock…

4. [-/1 Points] DETAILS MY NOTES SESSCALCET2 6.5.024. Find the approximations Tη, Mn, and S, to the integral computer algebra system.) ASK YOUR TEACHER PRACTICE ANOTHER 4 39 √ dx for n = 6 and 12. Then compute the corresponding errors ET, EM, and Es. (Round your answers to six decimal places. You may wish to use the sum command on a n Tn Mn Sp 6 12 n ET EM Es 6 12 What observations can you make? In particular, what happens to the errors when n is doubled? As n is doubled, ET and EM are decreased by a factor of about Need Help? Read It ' and Es is decreased by a factor of about