Answered: 0.05 0.07 0.09 0.11 0.13 0.15 0.17 0.19…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section9.7: Probability

Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...

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What Percent of the US Population Are Senior Citizens?

People 65 years and older are the fastest growing segment of the US population, and constituted 13% of the population in 2010.¹⁷ Figure 3.9 shows sample proportions from two sampling distributions of the proportion 65 years and older in the US: One shows samples of size 100, and the other shows samples of size 1000.

Suppose you take one more sample in each case. Would a sample proportion of 0.17 (that is, 17% senior citizens in the sample) be surprising to see from a sample of size 100? Would it be surprising from a sample of size 1000?

0.05 0.07 0.09 0.11 0.13 0.15 0.17 0.19 0.21 0.23 0.25
Proportion Age 65+ (n=100)
0.05 0.07 0.09 0.11 0.13 0.15 0.17 0.19 0.21 0.23 0.25
Proportion Age 65+ (n=1000)

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