Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

show proof that you used excel. Give complete solution ***ALL PROBABILI'ITES FOR THIS ASSIGNMENT SHOULD BE CALCULATED WITH THE USE OF EXCEL*** ***FOR TESTING PURPOSES,

show proof that you used excel.

Give complete solution

image text in transcribed
***ALL PROBABILI'ITES FOR THIS ASSIGNMENT SHOULD BE CALCULATED WITH THE USE OF EXCEL*** ***FOR TESTING PURPOSES, YOU ARE RESPONSIBLE FOR ALSO KNOWING HOW TO MAKE THESE CALCULATIONS BY \"Aunt!!! 1. The Ontario Tourism Board wants to estimate the traction of visitors who travel from out of the prov- ince to Ontario for camping vacations. The Tourism Board would like their estimate to be within 5% of the actual fraction with a 95% level of confidence. BLANK #1: Is this a question involving mean or proportion? \"ANSWER "MEAN" DR \"PROPORTION" BLANK #2: What is the minimum sample size required? 2. Sherrie has spent the last 5 years working for an appliance repair company, and would like to use the skills that she's acquired to venture out and open her shop. As part of her small business grant proposal, Sherrie would like to estimate the average house all repair bill in her area and wants the estimate to be within $20 of the actual gure. To the best of Sherrie's memory from her time with her previous employer she believes the lowest repair bill given to a customer was roughly $50, whereas the largest was approximately $500. How large a sample should Sherrie take if she wants to be 99% condent of the results? BLANK #1: Is this a question involving mean or proportion? ""ANSWER \"MEAN" DR "PROPORTION\" BLANK #2: What is the minimum sample size required? |_. '

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

From Fourier Analysis To Wavelets

Authors: Jonas Gomes, Luiz Velho

1st Edition

3319220756, 9783319220758

More Books

Students also viewed these Mathematics questions

Question

What are the APPROACHES TO HRM?

Answered: 1 week ago