Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hello, I need help with my homework please. I really appreciate it. Thank you! In 2012, the Humane Society reported that 30.4% of all U.S.
Hello, I need help with my homework please. I really appreciate it. Thank you!
- In 2012, the Humane Society reported that 30.4% of all U.S. households own at least one cat.Assuming these results came from a survey conducted among 10,000 U.S. households, what is the 90% confidence interval that estimates the population proportion of U.S. households that own at least one cat? Include a short paragraph stating succinctly, what this confidence interval means.Show all work.
- The same report listed the mean annual veterinary cost per household (of those owning at least one cat) as being $191 with a standard deviation of $13.50. Assume that these figures came from a sample of 5000 U.S. households with at least one cat.
a.Find a 98% confidence interval for the actual annual mean veterinary cost among U.S. households with at least one cat. (Show all work and provide detail for technology use).
b.If a household reported annual veterinary costs of $198.50, would that be considered unusual? Support your answer with data.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started