(Answered) Question marketing and consumer behavior parrot jungle

Statistics

Question: Marketing and Consumer Behavior Parrot Jungle Island is a roadside attraction in Miami, Florida, featuring tropical birds, crocodiles, and over 2000 varieties of plants and flowers. A new advertising campaign was developed to attract more out-of-state visitors. In a random sample of 270 visitors, 189 were area residents.

a. Find the sample proportion of visitors who were area residents. Check the nonskewness criterion.

b. Find a 99% confidence interval for the true proportion of visitors who were area residents.

c. Suppose no prior knowledge of the proportion of visitors who were area residents is available. Find the sample size necessary for a 99% confidence interval with a bound on the error of estimation of 0.05.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92556716
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

Where do cfos get their money newswhere do cfos get their

Where do CFOs get their money news? Where do CFOs get their money news? According to Robert Half International, 47% get their money news from newspapers, 15% get it from communication/colleagues, 12% get it from televi ...

What are impacts that flexible work schedules can have on a

What are impacts that flexible work schedules can have on a employee's productivity?

The everly equipment companys flange-lipping machine was

The Everly Equipment Company's flange-lipping machine was purchased 5 years ago for $70,000. It had an expected life of 10 years when it was bought and its remaining depreciation is $7,000 per year for each year of its r ...

Bowman corp pays a constant 1440 dividend on its stock the

Bowman Corp. pays a constant $14.40 dividend on its stock. The company will maintain this dividend for the next six years and will then cease paying dividends forever. Required: If the required return on this stock is 1 ...

In a single season an average ofnbsp24nbsphome runs were

In a single? season, an average of 2.4 home runs were hit per game. Assume the number of home runs per game follows the Poisson distribution. ?a) What is the probability that 6 home runs will be hit in a randomly selecte ...

A die is rolled four times what is the probability that the

A die is rolled four times. What is the probability that the sum of four numbers equals 13?

The statistical and regression questions are listed

The statistical and regression questions are listed below: What is the value of the simple correlation between TICKETS and COST? If you are able to determine the answer, is showing the film in more theatres associated wi ...

1 investment a will return to you 2011 in one year if you

1) Investment A will return to you $2011 in one year if you invest $1750 today. Investment B will return to you $3146 in one year. What is the most you will pay for Investment B? Round to the dollar.

If material hardness is normally distributed with a mean of

If material hardness is normally distributed with a mean of 42 and a standard deviation of 1. Specification limits for hardness are from 35 to 45. When the fraction defective is 0.0017 what is the corresponding PPM?

For a population of individuals that has a standard

For a population of individuals that has a standard deviation of 10, what is the standard error of the mean for samples of size (a) 2, (b) 3, (c) 4, (d) 5, (e) 10, (f) 20, (g) 100?

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 Statistics and Probability Expert