A sample of 100 components is drawn, and a 95% confidence interval for the proportion defective specifies
Question:
A sample of 100 components is drawn, and a 95% confidence interval for the proportion defective specifies this proportion to within ± 0.06. To get a more precise estimate of the number defective, the sample size will be increased to 400, and the confidence interval will be recomputed. What will be the approximate width of the new confidence interval? Choose the best answer:
i. ± 0.015
ii. ± 0.03
iii. ± 0.06
iv. ± 0.12
v. ± 0.24
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
ii 003 The original confidence has ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
The electronic components used to assemble a cellular phone have been exceptionally reliable, with more than 99.9% working correctly. The head of procurement believes that the current supplier meets...
-
A sample of 100 customers of Montana Gas and Electric resulted in the following frequency distribution of monthly charges. Amount ($) Number 049 ......... 13 5099 ......... 22 100149 ........ 34...
-
A Phoenix Wealth Management/Harris Interactive survey of 1500 individuals with net worth of $1 million or more provided a variety of statistics on wealthy people (BusinessWeek, September 22, 2003)....
-
From The Secret: "The secret is great leaders SERVE." "Am I a self-serving leader or a serving leader?" How can you be a serving leader in your current position as an employee, student, or team...
-
Phosphors on the inside of fluorescent lamps convert ultraviolet light to visible light. Discuss the absence of substances that convert visible light to ultraviolet light?
-
The brake shown in the figure has a coefficient of friction of 0.30, a face width of 2 in, and a limiting shoe lining pressure of 150 psi. Find the limiting actuating force F and the torque capacity.
-
Accidental spillage and misguided disposal of petroleum wastes have resulted in extensive contamination of soils across the country. A common hazardous compound found in the contaminated soil is...
-
Organic Health Co. is an HMO for businesses in the Chicago area. The following account balances appear on the balance sheet of Organic Health Co.: Common stock (300,000 shares authorized), $100 par,...
-
Demand for a company's product is expected to increase significantly in the upcoming year, resulting in additional direct labor overtime costs of $2 per unit. The production manager expects that the...
-
Ever Clean Company provides gutter cleaning services to residential clients. The company has enjoyed considerable growth in recent years due to a successful marketing campaign and favorable reviews...
-
Ten samples of coal from a Northern Appalachian source had an average mercury content of 0.242 ppm with a standard deviation of 0.031 ppm. Find a 95% confidence for the mean mercury content of coal...
-
Unbalanced design for random effects. Suppose that the random effects model of Section 11.5 is to be estimated with a panel in which the groups have different numbers of observations. Let T i be the...
-
What are some of the keys to success for managers faced with a difficult decision that impacts their entire team?
-
Answer the following problems with solution: Use the following information for the next two questions: The statement of financial position of the partnership of A and B as of December 31, 20x1 is...
-
Complete the following budgets 1 Production Budget Planned Sales Desired Ending Inventory of Finished Goods (roundup to the next unit) Total Needed Less: Beginning Inventory Total Production {7.01}
-
Solution needs urgently. Question 1 (5 points) In times of prosperity (with high incomes and employment), governments at all levels have resources for high cost infrastructure such as roads,...
-
Write a program (called assignment-1.cxx)-- (40 points) Write down the C++ program based on the following tasks. Creates an Array (1D array) and randomly assign values. Show the array with assigned...
-
on 17:03 Sat 11 May < 00 194843... 19871 II B itsSUNPI is live! + Hi mates im Alive chating and all the fun stuf that we do O COME & GET ME! -- Sunpi FE now Untitled... HYPE RESULTS T Potential...
-
What will happen to the value of F if the treatment effect increases but the random error stays the same?
-
MgO prevents premature evaporation of Al in a furnace by maintaining the aluminum as Al2O3. Another type of matrix modifier prevents loss of signal from the atom X that readily forms the molecular...
-
In a lot of 10 microcircuits, 3 are defective. Four microcircuits are chosen at random to be tested. Let X denote the number of tested circuits that are defective. a. Find P(X = 2). b. Find X. c....
-
Ten items are to be sampled from a lot of 60. If more than one is defective, the lot will be rejected. Find the probability that the lot will be rejected in each of the following cases. a. The number...
-
A certain make of car comes equipped with an engine in one of four sizes (in liters): 2.8, 3.0, 3.3, or 3.8. Ten percent of customers order the 2.8 liter engine, 40% order the 3.0, 30% order the 3.3,...
-
WISE-HOLLAND CORPORATION On June 15, 2013, Marianne Wise and Dory Holland came to your office for an initial meeting. The primary purpose of the meeting was to discuss Wise-Holland Corporation's tax...
-
Stock in ABC has a beta of 0.9. The market risk premium is 8%, and T-bills are currently yielding 5%. The company's most recent dividend is $1.60 per share, and dividends are expected to grow at a 6%...
-
Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments --Molding and Fabrication. It started, completed, and...
Study smarter with the SolutionInn App