Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A political pollster is conducting an analysis of sample results in order to make predictions on election night. Assuming a two-candidate election, if a specific

image text in transcribed
A political pollster is conducting an analysis of sample results in order to make predictions on election night. Assuming a two-candidate election, if a specific candidate receives at least 54% of the vote in the sample, that candidate will be forecast as the winner of the election. You select a random sample of 100 voters. Complete parts (a) through (c) below. What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is 50.1%? The probability is that a candidate will be forecast as the winner when the population percentage of her vote is 50. 1%. (Round to four decimal places as needed.) What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is 56%? The probably is that a candidate will be forecast as the winner when the population percentage of her vote is 56%. (Round to four decimal places as needed.) What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is 49% (and she will actually lose the election)? The probability is that a candidate will be forecast as the winner when the population percentage of her vote is 49%. (Round to four decimal places as needed.) Suppose that the sample size was increased to 400. Repeat process (a) through (c), using this new sample size. Comment on the difference. The probability is that a candidate will be forecast as the winner when the population percentage of her vote is 50. 1%. (Round to four decimal places as needed.) The probability is that a candidate will be forecast as the winner when the population percentage of her vote is 56%. (Round to four decimal places as needed.) The probability is that a candidate will be forecast as the winner when the population percentage of her vote is 49%. (Round to four decimal places as needed.) Choose the correct answer below. A. Increasing the sample size by a factor of 4 increases the standard error by a factor of 2. Changing the standard error doubles the magnitude of the standardized Z-value. O B. Increasing the sample size by a factor of 4 decreases the standard error by a factor of 2. Changing the standard error decreases the standardized Z-value to half of its original value. O C. Increasing the sample size by a factor of 4 increases the standard error by a factor of 2. Changing the standard error decreases the standardized Z-value to half of its original value. D. Increasing the sample size by a factor of 4 decreases the standard error by a factor of 2, Changing the standard error doubles the magnitude of the standardized Z-value

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Non-Cooperative Game Theory

Authors: Takako Fujiwara Greve

1st Edition

4431556451, 9784431556459

More Books

Students also viewed these Mathematics questions

Question

What made you decide on this subfield of psychology?

Answered: 1 week ago