Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Recall: p= = ; The sampling distribution of p is approximately normal with mean p and standard deviation / p(1- p) provided ap and a(1

image text in transcribed
Recall: p= = ; The sampling distribution of p is approximately normal with mean p and standard deviation / p(1- p) provided ap and a(1 - p) are > 5. The test statistic for p is given by: = =- p-P Vp(1- p) The confidence interval estimator for p is given by: ptz V(1- p) 4 (a) In a random sample of 200 observations, we found the proportion of successes to be 48%. Estimate with 95% confidence the population proportion of successes. (b) Repeat part (a) with n = 500. (c) Repeat part (a) with n = 1000. (d) Describe the effect on the confidence interval estimate of increasing the sample size. [20 marks]

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

Functional Analysis And The Feynman Operator Calculus

Authors: Tepper L Gill, Woodford W Zachary, Zachary Woodford

1st Edition

331927595X, 9783319275956

More Books

Students also viewed these Mathematics questions

Question

4. What is the goal of the others in the network?

Answered: 1 week ago

Question

2. What we can learn from the past

Answered: 1 week ago