Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A survey of 1000 adults was conducted concerning "green practices". In response to a problem of what was the most beneficial thing to do for the environment, 28% said "buying renewable energy".

a) Predict what percentage of the population of adults would answer this way if they were all asked. You would like to be 95 percent confident you will be correct.
b) Next year you will repeat this study. Determine the sample size necessary to estimate, with 95% confidence, the population percentage to within plus and minus 0.02 or 2%.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9102190

Have any Question?


Related Questions in Statistics and Probability

Te critical boundaries zcrit for a hypothesis test are z

The critical boundaries (Zcrit) for a hypothesis test are z = +1.96 and z = -1.96. If the z-score for the sample data is z = -1.90, then what is the correct statistical decision?  A) Reject H1  B) Fail to reject H1 C) Re ...

Based on the 1990 census the number of hours per day adults

Based on the 1990 census, the number of hours per day adults spend watching television is approximately normally distributed with a mean of 5 hours and a standard deviation of 1.3 hours. What proportion of the population ...

Given the following information from pharoah corporation

Given the following information from Pharoah Corporation, what price would the CAPM predict that the company's stock will trade for one year from today?  (Do not round intermediate calculations. Round final answer to 2 d ...

At a large university the probability that a student take

At a large university, the probability that a student take calculus and is on the dean's list is 0.048. The probability that a student is on the dean's list is 0.29. Find the probability that the student is taking calcul ...

The speed of cars on a stretch of road is normally

The speed of cars on a stretch of road is normally distributed with an average 42 miles per hour with a standard deviation of 5.9 miles per hour. What is the probability that a randomly selected car is violating the spee ...

You have a bag with three fair dice one is 4-sided one is

You have a bag with three fair dice. One is 4-sided, one is 6-sided, and one is 12-sided. You reach into the bag, pick one die at random, and roll it. The outcome of the roll is 4. What is the probability that you rolled ...

According to recent study 143 of 453 technology ceos from

According to recent? study, 143 of 453 technology CEOs from around the world responded that technological advances will transform their business and 85responded that resource scarcity and climate change will transform th ...

Two fair dice are rolled and the sum of the points is noted

Two fair dice are rolled and the sum of the points is noted. Find the probability that the sum is 6 given that at least one of the numbers is less than 3.

Assume that the critic finds that 50 percent of the movies

Assume that the critic finds that 50 percent of the movies have positive comments about the plot, 50 percent have positive comments about the acting, and 30 percent were not given positive comments about either plot or a ...

Using excel a manufacturer of celsius thermometers claims

Using Excel, A manufacturer of Celsius thermometers claims the thermometers they produce have an average (mean) reading of 0 degrees Celsius and a standard deviation of 1 degree Celsius for freezing water . If one of the ...

  • 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