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STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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Textbook Question
Chapter 7.6, Problem 32E
A population proportion is .40. A
- a. What is the
probability that the sample proportion will be within ±.03 of the population proportion? - b. What is the probability that the sample proportion will be within ±.05 of the population proportion?
Expert Solution & Answer
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Students have asked these similar questions
7. In a 2011 article, M. Radelet and G. Pierce reported a logistic prediction equation
for the death penalty verdicts in North Carolina. Let Y denote whether a subject
convicted of murder received the death penalty (1=yes), for the defendant's race
h (h1, black; h = 2, white), victim's race i (i = 1, black; i = 2, white), and
number of additional factors j (j = 0, 1, 2). For the model
logit[P(Y = 1)] = a + ß₁₂ + By + B²²,
they reported = -5.26, D
â
BD
=
0, BD
=
0.17, BY = 0, BY
=
0.91, B = 0,
B = 2.02, B = 3.98.
(a) Estimate the probability of receiving the death penalty for the group most
likely to receive it. [4 pts]
(b) If, instead, parameters used constraints 3D = BY = 35 = 0, report the esti-
mates. [3 pts]
h
(c) If, instead, parameters used constraints Σ₁ = Σ₁ BY = Σ; B = 0, report
the estimates. [3 pts]
Hint the probabilities, odds and odds ratios do not change with constraints.
Solve please and thank you!
Solve please and thank you!
Chapter 7 Solutions
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Ch. 7.2 - Consider a finite population with five elements...Ch. 7.2 - Assume a finite population has 350 elements. Using...Ch. 7.2 - Fortune publishes data on sales, profits, assets,...Ch. 7.2 - The 10 most active stocks on the New York Stock...Ch. 7.2 - A student government organization is interested in...Ch. 7.2 - The County and City Data Book, published by the...Ch. 7.2 - Assume that we want to identify a simple random...Ch. 7.2 - The following stocks make up the Dow Jones...Ch. 7.2 - The Wall Street Journal provides the net asset...Ch. 7.2 - Indicate which of the following situations involve...
Ch. 7.3 - The following data are from a simple random...Ch. 7.3 - A survey question for a sample of 150 individuals...Ch. 7.3 - A sample of 5 months of sales data provided the...Ch. 7.3 - Morningstar publishes ratings data on 1208 company...Ch. 7.3 - The National Football League (NFL) polls fans to...Ch. 7.3 - A sample of 426 U.S. adults age 50 and older were...Ch. 7.3 - One of the questions in the Pew Internet American...Ch. 7.5 - A population has a mean of 200 and a standard...Ch. 7.5 - A population has a mean of 200 and a standard...Ch. 7.5 - Assume the population standard deviation is = 25....Ch. 7.5 - Suppose a random sample of size 50 is selected...Ch. 7.5 - Refer to the EAI sampling problem. Suppose a...Ch. 7.5 - In the EAI sampling problem (see Figure 7.5), we...Ch. 7.5 - Barrons reported that the average number of weeks...Ch. 7.5 - The College Board reported the following mean...Ch. 7.5 - For the year 2010, 33% of taxpayers with adjusted...Ch. 7.5 - The Economic Policy Institute periodically issues...Ch. 7.5 - The state of California has a mean annual rainfall...Ch. 7.5 - The mean preparation fee HR Block charged retail...Ch. 7.5 - To estimate the mean age for a population of 4000...Ch. 7.6 - A sample of size 100 is selected from a population...Ch. 7.6 - A population proportion is .40. A sample of size...Ch. 7.6 - Assume that the population proportion is .55....Ch. 7.6 - The population proportion is .30. What is the...Ch. 7.6 - The president of Doerman Distributors, Inc.,...Ch. 7.6 - The Wall Street Journal reported that the age at...Ch. 7.6 - People end up tossing 12% of what they buy at the...Ch. 7.6 - Forty-two percent of primary care doctors think...Ch. 7.6 - In 2008 the Better Business Bureau settled 75% of...Ch. 7.6 - The Grocery Manufacturers of America reported that...Ch. 7.6 - The Food Marketing Institute shows that 17% of...Ch. 7 - Jack Lawler, a financial analyst, wants to prepare...Ch. 7 - The latest available data showed health...Ch. 7 - Foot Locker uses sales per square foot as a...Ch. 7 - Allegiant Airlines charges a mean base fare of 89....Ch. 7 - After deducting grants based on need, the average...Ch. 7 - Three firms carry inventories that differ in size....Ch. 7 - A researcher reports survey results by stating...Ch. 7 - A production process is checked periodically by a...Ch. 7 - Fifteen percent of Australians smoke. By...Ch. 7 - A market research firm conducts telephone surveys...Ch. 7 - Advertisers contract with Internet service...Ch. 7 - The proportion of individuals insured by the...Ch. 7 - Lori Jeffrey is a successful sales representative...Ch. 7 - Managerial Report Prepare a managerial report that...
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