Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Supposethatamarketresearchfirmishiredtoestimatetheproportionofpeoplelivinginalargecityin Victoria who have cell phones. Of the 500 people surveyed, 421 responded yes - they own cell phones. (a)Using a 95% confidence level, compute

Supposethatamarketresearchfirmishiredtoestimatetheproportionofpeoplelivinginalargecityin Victoria who have cell phones. Of the 500 people surveyed, 421 responded yes - they own cell phones.

(a)Using a 95% confidence level, compute a confidence interval estimate for the population proportion

of people of this city who have cell phones. Show your working and give your answer to three decimal places Interpret the confidence interval.

Supposetheresearcherwants totest whethertheproportion of allpeoplewho havecell phonesis

different from 85%.

(i)Write the null and alternative hypotheses for this test.

(ii)Define the term "Type I error".

What is a Type I error in the context of the hypothesis test in part (b)(i)?

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_2

Step: 3

blur-text-image_3

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

Financial Algebra advanced algebra with financial applications

Authors: Robert K. Gerver

1st edition

978-1285444857, 128544485X, 978-0357229101, 035722910X, 978-0538449670

More Books

Students also viewed these Mathematics questions