(Answered) A magazine provided results from a poll

Economics

A magazine provided results from a poll of 1500 adults who were asked to identify their favorite pie. Among the 1500 ?respondents, 14?% chose chocolate? pie, and the margin of error was given as plus or minus ±3 percentage points. What values do p^, q^, n, E, and p represent? If the confidence level is 99?%, what is the value of α??

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M93108225
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

A particular manufacturing process is known to produce 03

A particular manufacturing process is known to produce 0.3 proportion defective items. Suppose that a sample of 10 items produced by this process are selected at random. (a) The probability that the sample will contain e ...

Identify a recent mergeracquisition that does not include

Identify a recent merger/acquisition that does not include Amazon and use it to and explain: was the merger/acquisition predominately about gaining economies of scale or economies scope?

Suppose a bond with no expiration date has a face value of

Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...

1 why are the costs of fixed assests depreciated2 why would

1. Why are the costs of fixed assests depreciated? 2. Why would a bank lending officer be intersted in cash flow staement of a company that is apllying for a loan?

Suppose that a firm that produced buttons had a production

Suppose that a firm that produced buttons had a production function given by: q= 4L 0.5 K 0.5 . The firm has 16 units of capital in the short run. Determine the amount of labor required to produce 64 units of output ...

What are three ways that even every forecast model should

What are three ways that even every forecast model should be evaluated to obtain the best forecast result.

Assume p 65 - 2q the cost per additional unit mc is zero

Assume P = 65 - 2Q. The cost per additional unit (MC) is zero for the first five units, and then $5 per unit after that. There are fixed costs of $50. Once the optimal level of output is determined, how much profit does ...

Grades for a statistics exam are normally distributed with

Grades for a statistics exam are normally distributed with a mean of 80 and a standard deviation of 4. The empirical rule indicates what percent of an exam grades fall between 76 and 84?

Arrival of vehicles at new jersey turnpike toll booth on

Arrival of vehicles at New Jersey Turnpike toll booth on Saturdays at dawn is modeled as a Poisson Arrival process with a rate of 1.21 vehicles per minute. Let X be a random variable that records the number of arrivals b ...

One of the authors received a credit card bill for 3167 and

One of the authors received a credit card bill for 3167 and it included a charge of 1622 that was not valid. Find the values of the absolute amd relative errors.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert