Suppose you want to estimate the proportion of a population of voters. A random sample reveals that

Question:

Suppose you want to estimate the proportion of a population of voters. A random sample reveals that the sample proportion is .42; N = 2,500 and n = 500. Find a 99 % confidence interval for the population proportion.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

See More Books

Question Posted: Mar 03, 2024 07:01 AM

See More Questions

Suppose you want to estimate the proportion of classmates who plan to spend their junior year abroad. You take a simple random sample of 100 classmates from a total class population of 3500. Twelve...
Suppose you want to estimate the proportion of cars that are sport utility vehicles (SUVs) being driven in Kansas City, Missouri, at rush hour by standing on the corner of I-70 and I-470 and counting...
Suppose you want to estimate the proportion of traditional college students on your campus who own their own car. You have no preconceived idea of what that proportion might be. a) What sample size...
How should employers that operate in different states and cities deal with lack of uniformity in employment laws?
Draft an economic forecast for your subjective company and you must address all of the characteristics of labor markets listed below. Introduction Impact of entry of new companies entering the market...
Derive expressions for the following derivatives. a. arcsin(4x) b. C. dx dx dx arccos(x 1) - arctan(e*)
How did this affect how you think of yourself as a communicator? How did this affect your awareness of your body language?(pp. 102103)
On January 1, 2016, Bacco Company had a balance of $72,350 in its Delivery Equipment account. During 2016, Bacco purchased delivery equipment that cost $22,100. The balance in the Delivery Equipment...
An FI has $900 million of assets with a duration of ten years and $765 million of liabilities with a duration of three years. The FI wants to hedge its duration gap with a swap that has fixed-rate...
The results of a sample survey based on cluster sampling are Find a 90 % confidence interval for the population mean. Cluster n Xi M= 4,000 1 3 50.2 and N = 250 22 42.3 3 8 38.4 4 9 51.3 5 6 36.1
A market research group takes a random sample of 5 of a citys 41 voting districts. Each household in each sampled district is questioned on the number of hours its members watch television per day....
The orbit of the comet Kahoutek is an ellipse with eccentricity e = 0.999925 with the sun at a focus. If its minimum distance to the sun is 0.13 AU, what is its maximum distance from the sun?
Avery, an unmarried taxpayer, had the following income items: Salary Net income from a rental house 3 7 , 0 5 0 4 , 9 0 0 Avery has a 4 - year - old child who attends a child care center. Assume the...
California Lottery Let A denote the event of placing a $1 straight bet on the California Daily 4 lottery and winning. There are 10,000 different ways that you can select the four digits (with...
"Tamara Wiley glanced in the mirror before leaving her apartment and heading to her 8 a.m. class. She was having a bad hair day, so she had thrown on a scarf. Her quick check in the mirror told her...
Online Friends In a Pew Research Center survey of 1060 teens aged 13 to 17, it was found that 604 (or 57.0%) of those respondents have made new friends online. If the true rate is 50%, there is a...
Dr. Yong has requested that Senture Houston, an office manager at Pain Free Dental Associates, prepare a single journal entry for December 31, 2022. The bank statement for that day shows $9,500....
Steve is part owner and manager of a small manufacturing company that makes keypads for alarm systems. The keypads are sold to several different alarm companies throughout the country. Steve must...
Consider a closed, rigid tank with a volume of 0.8L, filled with cold water initially at 27C. The tank is filled such that there are no voids (air pockets) within. The initial pressure within the...
What is the value today of $3,500 per year, at a discount rate of 7.6 percent, if the first payment is received 7 years from now and the last payment is received 30 years from now?
The present value of the following cash flow stream is $5,800 when discounted at 8 percent annually. What is the value of the missing cash flow? YEAR..........................................CASH...
A 15-year annuity pays $1,750 per month, and payments are made at the end of each month. If the interest rate is 11.4 percent compounded monthly for the first seven years, and 8.6 percent compounded...
Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required: Complete the Production Department's Flexible Budget Performance Report....
Problem 1 5 - 5 ( Algo ) Lessee; operating lease; advance payment; leasehold improvement [ L 0 1 5 - 4 ] On January 1 , 2 0 2 4 , Winn Heat Transfer leased office space under a three - year operating...
Zafra and Stephanie formed an equal profit- sharing O&S Partnership during the current year, with Zafra contributing $100,000 in cash and Stephanie contributing land (basis of $60,000, fair market...

Suppose you want to estimate the proportion of a population of voters. A random sample reveals that

Question:

Step by Step Answer:

Constructing a 99 Confidence Interval for the Population Proportion Heres how to find a 99 con...View the full answer

Statistics For Business And Financial Economics

Students also viewed these Business questions