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

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

55%

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.

Question content area bottom

Part 1

a.

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.)

Part 2

b.

What is the probability that a candidate will be forecast as the winner when the population percentage of her vote is

59%?

The probability is

that a candidate will be forecast as the winner when the population percentage of her vote is

59%.

(Round to four decimal places as needed.)

Part 3

c.

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.)

Part 4

d.

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.)

Part 5

The probability is

that a candidate will be forecast as the winner when the population percentage of her vote is

59%.

(Round to four decimal places as needed.)

Part 6

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.)

Part 7

Choose the correct answer below.

A.

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.

B.

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.

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 increases 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

Advanced Calculus Of A Single Variable

Authors: Tunc Geveci

1st Edition

331927807X, 9783319278070

More Books

Students also viewed these Mathematics questions