Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
According to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft ('Consumer fraud and,' 2008). Assume a state had 459 complaints of identity theft out of 1990 consumer complaints . Calculate a 95% confidence interval for the proportion of all complaints that are complaints of identity theft in that state. P: Parameter What is the correct parameter symbol for this problem? What is the wording of the parameter in the context of this problem? Select an answer A: Assumptions Since Select an answer @ information was collected from each object, what conditions do we need to check? Check all that apply. On(1 - p) 2 10 On(p) 2 10 On 2 30 or normal population. Onp 2 10 On(1 - p) 2 10 ON > 20n Do is unknown. Do is known. Check those assumptions: 1. nj= which is ? 2. n(1 - p)= which is ? 3. N = which is ? If no N is given in the problem, use 1000000 N: Name the procedure The conditions are met to use a Select an answer I: Interval and point estimateAccording to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft ('Consumer fraud and,' 2008). Assume a state had 459 complaints of identity theft out of 1990 consumer complaints . Calculate a 95% confidence interval for the proportion of all complaints that are complaints of identity theft in that state. P: Parameter What is the correct parameter symbol for this problem? n p is the wording of the parameter in the context of this problem? S ct an answer X X mptions N p ince Select an answer @ information was collected from each object, what conditions do we need to heck? Check all that apply. On(1 - p) 2 10 On(p) 2 10 n 2 30 or normal population. Onp 2 10 On(1 - p) 2 10 ON 2 20n Do is unknown. Do is known. Check those assumptions: 1. np= which is ?@ 2. n(1 - p)= which is ? @ 3. N= which is ?@ If no N is given in the problem, use 1000000 N: Name the procedure The conditions are met to use a Select an answer 1: Interval and point estimateAccording to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft ('Consumer fraud and,' 2008). Assume a state had 459 complaints of identity theft out of 1990 consumer complaints . Calculate a 95% confidence interval for the proportion of all complaints that are complaints of identity theft in that state. P: Parameter What is the correct parameter symbol for this problem? What is the wording of the parameter in the context of this problem? Select an answer Whether or not a randomly selected consumer complaint in that state is for identity theft All consumer complaints in that state that are for identity theft The percentage of all consumer complaints in that state that are for identity theft A randomly selected consumer complaint in that state that is for identity theft ns do we need to The percentage of 1990 randomly selected consumer complaints in that state that are for identity theft 1990 randomly selected consumer complaints in that state All consumer complaints in that state A randomly selected consumer complaint in that state On(p) 2 10 On 2 30 or normal population. Onp 2 10 On(1 - p) 2 10 ON 2 20n Do is unknown. Do is known. Check those assumptions: 1. np= which is ? @ 2. n(1 - p)= which is ? @ 3. N= which is ? @ If no N is given in the problem, use 1000000 N: Name the procedure The conditions are met to use a Select an answer 1: Interval and point estimateAccording to the February 2008 Federal Trade Commission report on consumer fraud and identity theft, 23% of all complaints in 2007 were for identity theft ('Consumer fraud and,' 2008). Assume a state had 459 complaints of identity theft out of 1990 consumer complaints . Calculate a 95% confidence interval for the proportion of all complaints that are complaints of identity theft in that state. P: Parameter What is the correct parameter symbol for this problem? What is the wording of the parameter in the context of this problem? Select an answer A: Assumptions . Sinc V Select an art wer information was collected from each object, what conditions do we need to ched qualitative pply. quantitative On(1 -p) 2 10 n(p) 2 10 On 2 30 or normal population. np > 10 On(1 -p) 2 10 ON 2 20n o is unknown. Do is known. Check those assumptions: 1. np= which is ? 2. n(1 - p)= which is ? @ 3. N = which is ? If no N is given in the problem, use 1000000 N: Name the procedure The conditions are met to use a Select an answer 1: Interval and point estimateOn(p) 2 10 On 2 30 or normal population. Onp 2 10 On(1 - p) 2 10 ON > 20n Do is unknown. Do is known. Check those assumptions: 1. np= which i v ? N 2. n(1 - p)= # is ? C V W 3. N = which is If no N is given in the problem, use 1000000 N: Name the procedure The conditions are met to use a Select an answer 1: Interval and point estimate The symbol and value of the point estimate on this problem are as follows: Leave answer as a fraction. The interval estimate for ? @ is Round endpoints to 3 decimal places. C: Conclusion . We are % confident that the Select an answer @ is between % and Question Help: [ VideoCheck those assumptions: 1 . np = which is ? 2. n(1 - p)= which is ? 3. N= which is ? If no N is given in the problem, use 1000000 N: Name the procedure The conditions are met to use a Select an answer I: Interval and point estimate The symbol and value of the point estimate on this problem are as follows: ? 0 = Leave answer as a fraction. The interval estimate for ? O is Round endpoints to 3 decimal places. C: Conclusion . We are % confident that the Select an answer Lis betwee The percentage of all consumer complaints in that state that are for identity theft A randomly selected consumer complaint in that state that is for identity theft A randomly selected consumer complaint in that state All consumer complaints in that state Ques All consumer complaints in that state that are are for identity theft The percentage of 1990 randomly selected consumer complaints in that state that are for identity theft Su 1990 randomly selected consumer complaints in that state Whether or not a consumer complaint in that state is for identity theft Question 8 4.58/5 pts 9 0-2 7 19 @ Deta Score on last try: 4.58 of 5 pts. See Details for more. Get a similar

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Auditing Cases An Interactive Learning Approach

Authors: Steven M Glover, Douglas F Prawitt

4th Edition

0132423502, 978-0132423502

Students also viewed these Mathematics questions

Question

Define promotion.

Answered: 1 week ago

Question

Write a note on transfer policy.

Answered: 1 week ago

Question

Discuss about training and development in India?

Answered: 1 week ago

Question

Explain the various techniques of training and development.

Answered: 1 week ago