How often is such a difference likely to arise by sampling error alone? (a) 1 in 5000

Question:

How often is such a difference likely to arise by sampling error alone?

(a) 1 in 5000

(b) 1 in 2000

(c) 1 in 500

(d) 1 in 200

(e) 1 in 100 Suppose the probability was 0.01: which of the above is true in this situation?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics Without Maths For Psychology

ISBN: 9781292128856

7th Edition

Authors: Chistine Dancey, John Reidy

See More Books

Question Posted: Sep 14, 2024 05:00 AM

See More Questions

Calculate the following ratios for both 2021 and 2020 years: current ratio, quick ratio, debt to equity ratio, debt ratio, gross profit ratio, net profit ratio, return on equity, return on total...
One of the primary advantages of a repeated-measures design, compared to an independent-measures design, is that it reduces the overall variability by removing variance caused by individual...
Consider a solar-energy-powered ideal Rankine cycle that uses water as the working fluid. Saturated vapor leaves the solar collector at 350 F, and the condenser pressure is 1 lbf/in.2. Determine the...
How often is such a difference likely to arise by sampling error alone? (a) 1 in 5000 (b) 1 in 2000 (c) 1 in 500 (d) 1 in 200 (e) 1 in 100 Suppose the probability was 0.01: which of the above is true...
Thakin Stairs Co. designs and builds factory-made premium wooden stairways for homes. The manufactured stairway components (spindles, risers, hangers, hand rails) permit installation of stairways of...
Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its investments. (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use...
Suppose you have conducted a study looking for a difference between males and females on preference for action films. When you run your study, you find that there is a 0.005 probability of the...
Imagine that you have conducted two separate studies and found a relationship between head size and IQ in study 1 and head size and shoe size in study 2. The probability of observing the relationship...
Which significant changes in the workforce can we expect over the next 40 years?
How much money is required today to fund a perpetuity earning 5.65% annually that needs to pay out $17,000 at the end of each year?
Suppose you play a game in which a friend offers to play in which you roll a fair die. If the outcome of the die is a "1", he will give you $7 and if the outcome is "6", he will give you $4. But if...
If the 7 scores in a sample were 82, 90, 94, 88, 76, 84, and 92, the standard deviation would be? Use the formula below to calculate the standard deviation. Refer to the Calculation of the Standard...
How does Chinua Achebe's novel "Things Fall Apart" reflect the impact of colonialism on traditional Igbo society, and what are its implications for understanding the complexities of cultural change...
How does Ng?g? wa Thiong'os novel "Decolonising the Mind: The Politics of Language in African Literature" address the relationship between language and cultural identity, and what arguments does he...
Air in a rigid 1 m3 box is at 300 K, 200 kPa. It is heated to 600 K by heat transfer from a reversible heat pump that receives energy from the ambient at 300 K besides the work input. Use constant...
Doorharmony Company makes doorbells. It has a weighted- average cost of capital of 5% and total assets of $ 5,900,000. Doorharmony has current liabilities of $ 750,000. Its operating income for the...
A delivery service charges a special rate for any package that weighs less than 1 pound. Let x denote the weight of a randomly selected parcel that qualifies for this special rate. The probability...
Let x denote the time (in seconds) necessary for an individual to react to a certain stimulus. The probability distribution of x is specified by the following density curve: Density x 1 a. What is...
Let z denote a variable that has a standard normal distribution. Determine each of the following probabilities: a. P(z , 2.36) b. P(z # 2.36) c. P(z , 21.23) d. P(1.14 , z , 3.35) e. P(20.77 # z #...

How often is such a difference likely to arise by sampling error alone? (a) 1 in 5000

Question:

Step by Step Answer:

Statistics Without Maths For Psychology

Students also viewed these Business questions