Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Exit polling is a popular technique used to determine the outcome of an election prior to results being tallied. Suppose a referendum to increase funding for education is on the ballot in a large town? (voting population over? 100,000). An exit poll of 500 voters finds that 245 voted for the referendum. How likely are the results of your sample if the population proportion of voters in the town in favor of the referendum is 0.51?? Based on your? result, comment on the dangers of using exit polling to call elections.

How likely are the results of your sample if the population proportion of voters in the town in favor of the referendum is 0.51??

(Round to four decimal places as needed).

The probability that fewer than 245 people voted for the referendum is__________.

?(Round to four decimal places as? needed.)

Comment on the dangers of using exit polling to call elections. Choose the correct answer below.

A. The result is unusual because the probability that p is equal to or more extreme than the sample proportion is greater than? 5%. Thus, it is not unusual for a wrong call to be made in an election if exit polling alone is considered.

B. The result is unusual because the probability that p is equal to or more extreme than the sample proportion is less than? 5%. Thus, it is unusual for a wrong call to be made in an election if exit polling alone is considered.

C. The result is not unusual because the probability that p is equal to or more extreme than the sample proportion is greater than? 5%. Thus, it is not unusual for a wrong call to be made in an election if exit polling alone is considered.

D. The result is not unusual because the probability that p is equal to or more extreme than the sample proportion is less than? 5%. Thus, it is unusual for a wrong call to be made in an election if exit polling alone is considered.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92862797
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A random sample ofnbsp19nbspcollegenbspmens basketball

A random sample of 19 college? men's basketball games during the last season had an average attendance of 5,046 with a sample standard deviation of 1,753. a.  Construct a 99?% confidence interval to estimate the average ...

A national report indicates that the mean and standard

A national report indicates that the mean and standard deviation of the ACT scores of incoming freshman at American public universities are 24.6 and 6.2, respectively. A sample of 30 incoming freshmen at a small, suburba ...

What statistic was calculated to determine differences

What statistic was calculated to determine differences between the intervention and control groups for the lumbar and femur neck BMDs? Were the groups significantly different for BMDs?

Thirty-eight percent of consumers prefer to purchase

Thirty-eight percent of consumers prefer to purchase electronics online. You randomly select 16 consumers. Find the probability that the number who prefer to purchase electronics online is at most 5.

In 2015 caterpillar inc had about 653 million shares

In 2015, Caterpillar Inc. had about 653 million shares outstanding. Their book value was $32.3 per share, and the market price was $74.00 per share. The company's balance sheet shows that the company had $20.20 billion o ...

1 suppose you are the manager of a bank that has 15 million

1. Suppose you are the manager of a bank that has $15 million of fixed-rate assets, $30 million of rate-sensitive assets, $25 million of fixed-rate liabilities, and $20 million of rate-sensitive liabilities. Conduct a ga ...

The p-value for a two-sided test of the null hypothesis h0

The P-value for a two-sided test of the null hypothesis H0: μ = 50 is 0.035. Does the 95% confidence interval include the value 50? Why? Does the 99% confidence interval include the value 50? Why?

Ganad and equity risk premiumsnbspmarianbspgonzalez ganados

Ganad and Equity Risk Premiums.  Maria? Gonzalez, Ganado's Chief Financial? Officer, estimates the? risk-free rate to be 3.70 %, the? company's credit risk premium is 4.00%, the domestic beta is estimated at 0.93?, the i ...

Loking for guidancea distribution of exam scores has mu

Looking for guidance: A distribution of exam scores has μ = 90 and σ = 10. In this distribution, Sharon's score is 9 points above the mean, Jill has a z-score of +1.20, Steve's score is ½ standard deviation above the mea ...

An insurance company will pay dave 220000 the market value

An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As