Ask Physics Expert

Simulating an opinion poll. A 2009 opinion poll showed that about 40% of the American public have very little or no confidence in big business. Suppose that this is exactly true. Choosing a person at random then has probability 0.40 of getting one who has very little or no confidence in big business. Use the Probability applet or statistical software to simulate choosing many people at random. (In most software, the key phrase to look for is "Bernoulli trials." This is the technical term for independent trials with Yes/No outcomes. Our outcomes here are "Favorable" or not.)

Required:

(i) Simulate drawing 20 people, then 80 people, then 320 people. What proportion have very little or no confidence in big business in each case? We expect (but because of chance variation we can't be sure) that the proportion will be closer to 0.40 in longer runs of trials.

(ii) Simulate drawing 20 people 10 times and record the percents in each sample who have very little or no confidence in big business. Then simulate drawing 320 people 10 times and again record the 10 percents. Which set of 10 results is less variable? We expect the results of samples of size 320 to be more predictable (less variable) than the results of samples of size 20. That is "long-run regularity" showing itself.

Physics, Academics

  • Category:- Physics
  • Reference No.:- M91757077

Have any Question?


Related Questions in Physics

Question oppositely charged parallel plates are separated

Question: Oppositely charged parallel plates are separated by 5.31 mm. A potential difference of 600 V exists between the plates. (a) What is the magnitude of the electric field between the plates? N/C (b) What is the ma ...

Question an object of mass m attached to a spring of force

Question: An object of mass m attached to a spring of force constant k oscillates with simple harmonic motion. The maximum displacement from equilibrium is A and the total mechanical energy of the system is E. What is th ...

Quesion when a nucleus of 235u undergoes fission it breaks

Quesion: When a nucleus of 235U undergoes fission, it breaks into two smaller, more tightly bound fragments. Part A: Calculate the binding energy per nucleon for 235U. Express your answer with the appropriate units. E=__ ...

Question a nylon rope used by mountaineers elongates 130 m

Question: A nylon rope used by mountaineers elongates 1.30 m under the weight of a 65.0-kg climber. If the rope is 45.0 m in length and 7.0 mm in diameter, what is Young's modulus for this material? The response must be ...

Question an object is 30 cm in front of a converging lens

Question: An object is 30 cm in front of a converging lens with a focal length of 10 cm. Use ray tracing to determine the location of the image. What are the image characteristics: (i) upright or inverted, (ii) magnifica ...

Question an object of mass m is traveling on a horizontal

Question: An object of mass m is traveling on a horizontal surface. There is a coefficient of kinetic friction µ between the object and the surface. The object has speed v when it reaches x=0 and encounters a spring. Th ...

Question in one of the classic nuclear physics experiments

Question: In one of the classic nuclear physics experiments at the beginning of the 20th century, an alpha particle was accelerated towards a gold nucleus and its path was substantially deflected by the Coulomb interacti ...

Question an object of mass m is dropped from height h above

Question: An object of mass m is dropped from height h above a planet of mass M and radius R. Find an expression for the object's speed as it hits the ground. Express your answer in terms of the variables m,M,h,R and app ...

Question one type of bb gun uses a spring-driven plunger to

Question: One type of BB gun uses a spring-driven plunger to blow the BB from its barrel. (a) Calculate the force constant of its plunger's spring if you must compress it 0.130 m to drive the 0.0580-kg plunger to a top s ...

Question an object is placed 30 cm to the left of a

Question: An object is placed 30 cm to the left of a converging lens that has a focal length of 15cm. Describe what the resulting image look like (i.e. image distance, magnification, upright or inverted images, real or v ...

  • 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