Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Homework Assignments

Textbook #1: Lane et al. Introduction to Statistics, David M. Lane et al., 2013.

(http://onlinestatbook.com/Online_Statistics_Education.pdf)

Textbook #2:Illowsky et al. Introductory Statistics, Barbara Illowsky et al., 2013.

(http://openstaxcollege.org/files/textbook_version/hi_res_pdf/15/col11562-op.pdf)

See the file named "UMUC_STAT200_EXCEL_Tips" at the "Course Materials" menu link to find functions for calculating the Normal Distribution andStudent's T-distribution values needed for this assignment.

Lane - Chapter 10: 4,12,15,18

1. Why is a 99% confidence interval wider than a 95% confidence interval?

2. A person claims to be able to predict the outcome of flipping a coin. Thisperson is correct 16/25 times. Compute the 95% confidence interval on theproportion of times this person can predict coin flips correctly. What conclusion can you draw about this test of his ability to predict the future?

3. You take a sample of 22 from a population of test scores, and the mean of yoursample is 60. (a) You know the standard deviation of the population is 10.What is the 99% confidence interval on the population mean. HINT: Use the Z-score from the Normal Distribution(b) Now assumethat you do not know the population standard deviation, but the standarddeviation in your sample is 10. What is the 99% confidence interval on themean now?HINT: Use the Student's T-table

4. You were interested in how long the average psychology major at your collegestudies per night, so you asked 10 psychology majors to tell you the amountthey study. They told you the following times: 2, 1.5, 3, 2, 3.5, 1, 0.5, 3, 2, 4.(a) Find the 95% confidence interval on the population mean. (b) Find the 90%confidence interval on the population mean.HINT: Be sure to use the Student's T-table for each solution since you have a limited set of samples.

Illowsky - Chapter 8 (100,106,112,116,120,130)

100. What is meant by the term "90% confident" when constructing a confidence interval for a mean?

a. If we took repeated samples, approximately 90% of the samples would produce the same confidence interval.
b. If we took repeated samples, approximately 90% of the confidence intervals calculated from those samples wouldcontain the sample mean.
c. If we took repeated samples, approximately 90% of the confidence intervals calculated from those samples wouldcontain the true value of the population mean.
d. If we took repeated samples, the sample mean would equal the population mean in approximately 90% of thesamples.

106. Suppose that a committee is studying whether or not there is waste of time in our judicial system. It is interested inthe mean amount of time individuals waste at the courthouse waiting to be called for jury duty. The committee randomlysurveyed 81 people who recently served as jurors. The sample mean wait time was 8 hours with a sample standarddeviation of 4 hours.

a. Find: X ¯, Sx, N, N-1
b. Define the random variablesX ¯ in words.
c. Which distribution should you use for this problem? Explain your choice.
d. Find the 95% confidence interval for the population mean time wasted.
e. Explain in a complete sentence what the confidence interval means.

112. In a recent sample of 84 used car sales costs, the sample mean was $6,425 with a sample standard deviation of $3,156.

a. Which distribution should you use for this problem? Explain your choice.
b. Define the random variable X ¯ in words.
c. Find the 95% confidence interval
d. Explain what a "95% confidence interval" means for this study.

116. A quality control specialist for a restaurant chain takes arandom sample of size 12 to check the amount of soda served in the 16 oz. serving size. The sample mean is 13.30 with asample standard deviation of 1.55. What is the error bound of the 95% confidence interval?HINT: Be sure to use the Student's T-table for your solution since you are using a random sample and you do not know information about the population standard deviation.

120. An article regarding interracial dating and marriage recently appeared in the Washington Post. Of the 1,709 randomlyselected adults, 315 identified themselves as Latinos, 323 identified themselves as blacks, 254 identified themselves asAsians, and 779 identified themselves as whites. In this survey, 86% of blacks said that they would welcome a white personinto their families. Among Asians, 77% would welcome a white person into their families, 71% would welcome a Latino,and 66% would welcome a black person.HINT: See Section 8.3 (A Population Proportion)

a. We are interested in finding the 95% confidence interval for the percent of all black adults who would welcome awhite person into their families. Define the random variables X and P′, in words.
b. Which distribution should you use for this problem? Explain your choice.
c. Find the 95% confidence interval and error bound.

130. On May 23, 2013, Gallup reported that of the 1,005 people surveyed, 76% of U.S. workers believe that they willcontinue working past retirement age. The confidence level for this study was reported at 95% with a +/- 3% margin of error.

a. Determine the estimated proportion from the sample.
b. Determine the sample size.
c. Identify CL and α.
d. Calculate the error bound based on the information provided.
e. Compare the error bound in part d to the margin of error reported by Gallup. Are they the same?
f. Create a confidence interval for the results of this study.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91868173

Have any Question?


Related Questions in Statistics and Probability

A study shows that 81 of the population of all calculus

A study shows that 81% of the population of all calculus students consider calculus an exciting subject. Suppose 34 students are independently selected from the population. If the true percentage is really 81%, find the ...

Please help me find out how to calculate stock pricewhat is

Please help me find out how to calculate stock price. "What is the price of Company A's stock.We know company A pay dividend twice a year. And its beta=1.5 Government bond's Coupon is 8.8 and Yield is 5%(which one you sh ...

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200.  u=129 o=20.2.  (a) What is the shortest number of days spent that would put a patient in the top ...

Suppose we can only sample from uniform distribution 01

Suppose we can only sample from Uniform distribution (0,1) with k=3. Design an algorithm to simulate chi-square distribution with 2k freedom via general transformation method.

A recent study found that 64 of workers between the ages of

A recent study found that 64?% of workers between the ages of? 20-29 cash out their retirement accounts when they lose their jobs or move to a new employer. Complete parts a through e below based on a random sample of 14 ...

A survey found that people keep their televisions an

A survey found that people keep their televisions an average of 5.8 years. The standard deviation is 0.76 year. If a person decides to buy a new TV, find the probability that he or she owned the old one for the given amo ...

Complete parts a and b using the probability distribution

Complete parts (a) and (b) using the probability distribution below.  The number of overtime hours worked in one week per employee Overtime hours 0 1 2 3 4 5 6 Probability 0.016 0.063 0.178 0.283 0.220 0.173 0.067 Find t ...

The average starting salary for graduates at a university

The average starting salary for graduates at a university is $33,000 with a standard deviation of $2,000. If a histogram of the data shows that it takes on a mound shape, the empirical rule says that approximately 68% of ...

1 this table summarizes the results from

1) This table summarizes the results from along+termrandomized clinicaltrial to  determine whether aspirin reduces the risk of heart attack. Researchers  randomly assigned a large sample of healthy male physicians (22,07 ...

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?

  • 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