Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

In each part of given question, explain whether the proportion that is described is a sample proportion or a population proportion.

a. In the 1990 U.S. Census, it was found that about one in nine Americans were at least 65 years old at that time.

b. A randomly selected group of 500 registered voters in your state is asked whom they intend to vote for in an upcoming election for governor. Based on the proportion choosing each candidate, the polling organization predicts the election winner.

c. In a clinical trial done to assess the effectiveness of a new medication for asthma, a satisfactory relief from symptoms was experienced by 55% of n = 80 participants.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92226998

Have any Question?


Related Questions in Statistics and Probability

You want to retire in 35 years to fund the retirement you

You want to retire in 35 years. To fund the retirement, you deposit $25,000 into an account now, and you deposit $20,000 five years from now. You also plan to save an equal amount each year between now and 35 years from ...

The british department of transportation studied to see if

The British Department of Transportation studied to see if people avoid driving on Friday the 13th. They did a traffic count on a Friday and then again on a Friday the 13that the same two locations ("Friday the 13th," 20 ...

A project has an initial outlay of 2034 it has a single

A project has an initial outlay of $2,034. It has a single cash flow at the end of year 6 of $4,743. What is the internal rate of return (IRR) for the project? Round the answer to two decimal places in percentage form.

A recent college graduate has taken a new job at work llc

A recent college graduate has taken a new job at Work LLC, and since the company does not offer a traditional pension plan, she plans to take advantage of a tax-free investment account backed by a reputable financial ins ...

Cash flowsnbspnbspit is typical for jane to plan monitor

Cash flows  It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it ...

On average the parts from a supplier have a mean of 975

On average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 12.2 inches. Find the probability that a randomly selected part from this supplier will have a value between 85.3 and 109.7 inc ...

Loking for guidancea normal population has a mean of mu

Looking for guidance: A normal population has a mean of μ = 100. A sample of N = 36 is selected from the population, and a treatment is administered to the sample. After treatment, the sample mean is computed to be = 106 ...

Rachel age 65 has begun establishing many different trusts

Rachel, age 65, has begun establishing many different trusts. Of the following beneficiaries listed in her trusts, who would be considered a skip person for purposes of the GSTT? I. Adam, age 25, her new husband II. Bart ...

According to a survey of 25000 households 55 of the people

According to a survey of 25,000 ?households, 55 % of the people watching a special event on TV enjoyed the commercials more than the event itself. Complete parts a through e below based on a random sample of nine people ...

A fish tank in a pet store has 23 fish in it 11 are orange

A fish tank in a pet store has 23 fish in it. 11 are orange and 12 are white. Determine the probability that if we select 4 fish from the tank, at least 2 will be white.

  • 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