Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are a total of 1000 data, 240 for Yes, 230 for Not sure, and 530 for No. Please tell me which of these two

There are a total of 1000 data, 240 for Yes, 230 for Not sure, and 530 for No. Please tell me which of these two formulas should I use to solve the problem A.Thanks!!

image text in transcribedimage text in transcribedimage text in transcribed
Will today's children be better Row Labels Count of will today's children be better off than their parents? 530 off than their parents? No 230 Not sure Not sure 240 Not sure Yes Not sure (blank) 1000 Not sure Yes No No No No No Yes No No Yes No Yes No No No No No No No Yes No Not sure Not sure No Not sure Yes Yes Not sure No No No No No No Not sure No Yes Not sure Yes No Not sure Yes NoConfidence Interval for the Population Mean Confidence Interval for the Population Proportion (p) x X - E x +E p - E p +E We use the standard normal distribution when 1. Margin of Error when the population standard deviation, o, is known: E = Zcox, p * n 2 10 and q * n 2 10 where p is the sample proportion of success and q is the sample where ox, = Vn proportion of failure. For the homework, you may use Excel to find the margin of error: =CONFIDENCE.NORM(alpha, standard deviation, sample size) Margin of Error = E = Zc p*q n 2. Margin of Error when the population standard deviation, o, is unknown: Use the Excel template to construct confidence intervals E = tcSx , S where S& = Vn For the homework, you may use Excel to find the margin of error: =CONFIDENCE.T(alpha, standard deviation, sample size) **Follow the EXCEL or SPSS directions in the class notes when using a dataset.* *Data Set 1: Child Outlook

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

Essentials Of College Algebra

Authors: Margaret L Lial, John E Hornsby, David I Schneider, Callie Daniels

11th Edition

ISBN: 0321912241, 9780321912244

More Books

Students also viewed these Mathematics questions