Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
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Question
Chapter 8, Problem 8.110ACI
To determine
To find: The 95% confidence interval for comparing the two given methods.
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Business Discuss
You want to obtain a sample to estimate the proportion of a population that possess a particular genetic marker. Based on previous evidence, you believe approximately p∗=11% of the population have the genetic marker. You would like to be 90% confident that your estimate is within 0.5% of the true population proportion. How large of a sample size is required?n = (Wrong: 10,603)
Do not round mid-calculation. However, you may use a critical value accurate to three decimal places.
2. [20] Let {X1,..., Xn} be a random sample from Ber(p), where p = (0, 1). Consider two
estimators of the parameter p:
1
p=X_and_p=
n+2
(x+1).
For each of p and p, find the bias and MSE.
Chapter 8 Solutions
Statistics for Business and Economics (13th Edition)
Ch. 8.2 - The purpose of this exercise is to compare the...Ch. 8.2 - Prob. 8.2LMCh. 8.2 - In order to compare the means of two populations,...Ch. 8.2 - Prob. 8.4LMCh. 8.2 - Prob. 8.5LMCh. 8.2 - Prob. 8.6LMCh. 8.2 - Independent random samples from normal populations...Ch. 8.2 - Two independent random samples nave been...Ch. 8.2 - Independent random samples of n1 = 233 and n2 =...Ch. 8.2 - Independent random samples from approximately...
Ch. 8.2 - Independent random samples selected from two...Ch. 8.2 - Lobster trap placement. Refer to the Bulletin of...Ch. 8.2 - Last name and acquisition timing. The speed with...Ch. 8.2 - Shared leadership in airplane crews. Human Factors...Ch. 8.2 - Performance-based logistics. Refer to the Journal...Ch. 8.2 - Drug content assessment. Refer to Exercise 4.123...Ch. 8.2 - Buy-side vs. sell-side analysts earnings...Ch. 8.2 - Homework assistance for accounting students. How...Ch. 8.2 - Comparing taste-test rating protocols....Ch. 8.2 - Producer willingness to supply biomass. The...Ch. 8.2 - Does rudeness really matter in the workplace?...Ch. 8.2 - Prob. 8.22ACICh. 8.2 - Is honey a cough remedy? Refer to the Archives of...Ch. 8.2 - Gender diversity of board of directors. The gender...Ch. 8.2 - Prob. 8.25ACACh. 8.3 - A paired difference experiment produced the...Ch. 8.3 - A paired difference experiment yielded nd pairs of...Ch. 8.3 - The data for a random sample of six paired...Ch. 8.3 - The data for a random sample of 10 paired...Ch. 8.3 - A paired difference experiment yielded the...Ch. 8.3 - Summer weight-loss camp. Camp Jump Start is an...Ch. 8.3 - Performance ratings of government agencies. The...Ch. 8.3 - Twinned drill holes. A traditional method of...Ch. 8.3 - Prob. 8.34ACBCh. 8.3 - I am not selling anything surveys. To improve...Ch. 8.3 - Consumers attitudes toward advertising. The two...Ch. 8.3 - Taking power naps during work breaks. Lack of...Ch. 8.3 - Acidity of mouthwash. Acid has been found to be a...Ch. 8.3 - Solar energy generation along highways. The...Ch. 8.3 - Impact of red light cameras on car crashes. To...Ch. 8.3 - Prob. 8.41ACICh. 8.3 - Alcoholic fermentation in wines. Determining...Ch. 8.4 - Consider making an inference about p1 p2, where...Ch. 8.4 - For each of the following values of , find the...Ch. 8.4 - Prob. 8.45LMCh. 8.4 - Prob. 8.46LMCh. 8.4 - Prob. 8.47LMCh. 8.4 - Prob. 8.48LMCh. 8.4 - The winners curse in auction bidding. In auction...Ch. 8.4 - Prob. 8.50ACBCh. 8.4 - Prob. 8.51ACBCh. 8.4 - Web survey response rates. Response rates to Web...Ch. 8.4 - Hospital administration of malaria patients. One...Ch. 8.4 - Traffic sign maintenance. The Federal Highway...Ch. 8.4 - Salmonella in produce. Salmonella infection is the...Ch. 8.4 - Angioplastys benefits challenged. More than 1...Ch. 8.4 - Entrepreneurial careers of MBA alumni. Are African...Ch. 8.4 - Predicting software defects. Refer to the PROMISE...Ch. 8.4 - Prob. 8.59ACICh. 8.4 - Religious symbolism in TV commercials. Gonzaga...Ch. 8.5 - Assuming that n1 = n2, find the sample sizes...Ch. 8.5 - Find the appropriate values of n1 and n2 (assume...Ch. 8.5 - Suppose you want to estimate the difference...Ch. 8.5 - Enough money has been budgeted to collect...Ch. 8.5 - Last name and acquisition timing. Refer to the...Ch. 8.5 - Homework assistance for accounting students. Refer...Ch. 8.5 - Vulnerability of relying party Web sites. Refer to...Ch. 8.5 - Conducting a political poll. A pollster wants to...Ch. 8.5 - Shared leadership in airplane crews. Refer to the...Ch. 8.5 - Solar energy generation along highways. Refer to...Ch. 8.5 - Angioplastys benefits challenged. Refer to the...Ch. 8.5 - Traffic sign maintenance. Refer to the Journal of...Ch. 8.6 - Use Tables V, VI, VII, and VIII in Appendix D to...Ch. 8.6 - Given v1 and v2, find the following probabilities:...Ch. 8.6 - For each of the following cases, identify the...Ch. 8.6 - For each of the following cases, identify the...Ch. 8.6 - Specify the appropriate rejection region for...Ch. 8.6 - Independent random samples were selected from each...Ch. 8.6 - Independent random samples were selected from each...Ch. 8.6 - Lobster trap placement. Refer to the Bulletin of...Ch. 8.6 - Prob. 8.81ACBCh. 8.6 - Mental health of workers and the unemployed. A...Ch. 8.6 - Drug content assessment Refer to Exercise 8.16 (p....Ch. 8.6 - Last name and acquisition timing. Refer to the...Ch. 8.6 - Prob. 8.85ACICh. 8.6 - Oil content of fried sweet potato chips. Refer to...Ch. 8.6 - Shopping vehicle and judgment. Refer to the...Ch. 8.6 - Is honey a cough remedy? Refer to the Archives of...Ch. 8 - List the assumptions necessary for each of the...Ch. 8 - Two independent random samples were selected from...Ch. 8 - Independent random samples were selected from two...Ch. 8 - Independent random samples were selected from two...Ch. 8 - Two independent random samples are taken from two...Ch. 8 - A random sample of five pairs of observations were...Ch. 8 - Prob. 8.95ACBCh. 8 - Prob. 8.96ACBCh. 8 - Prob. 8.97ACBCh. 8 - Hull failures of oil tankers. Refer to the Marine...Ch. 8 - Effectiveness of teaching software. The U.S....Ch. 8 - Durability of shock absorbers. A manufacturer of...Ch. 8 - NHTSA new car crash tests. Refer to the National...Ch. 8 - Diamonds sold at retail. Refer to the data for 308...Ch. 8 - Childrens recall of TV ads. A study examined...Ch. 8 - Is steak your favorite barbeque food? July is...Ch. 8 - Planning habits survey. American Demographics...Ch. 8 - Turnover rates in the United States and Japan....Ch. 8 - Smartphone usage differs by gender. The role of...Ch. 8 - Life expectancies of working women and housewives....Ch. 8 - Comparing purchasers and nonpurchasers of...Ch. 8 - Prob. 8.110ACICh. 8 - Racial profiling by the LAPD. Racial profiling is...Ch. 8 - State SAT scores. Refer to Exercise 2.27 (p. 60)...Ch. 8 - Rat damage to sugarcane fields. Poisons are used...Ch. 8 - Environmental impact study. Some power plants are...Ch. 8 - Instrument precision. When new instruments are...Ch. 8 - Cooling method for gas turbines. Refer to the...Ch. 8 - Average housing space per person. Even though...Ch. 8 - Positive spillover effects from self-managed work...Ch. 8 - Impact of gender on advertising. How does gender...Ch. 8 - Salaries of postgraduates. Refer to the Economics...Ch. 8 - Gambling in public high schools. With the rapid...Ch. 8 - CareerBank.com annual salary survey....Ch. 8 - Facility layout study. Facility layout and...
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