7. Solve for the following questions correctly please In a nationwide survey conducted by a reputable research center, a sample of adults in a certain country were asked whether they favor a plan to break up a small collection of megabanks, whichcontrolled about 69% of the banking industry; 50% of those sampled responded in the affirmative. According to the report, "the margin of sampling error is + /– 4 percentage points with a 95%level of confidence." Find and interpret a 95% confidence interval for the percentage of all adults in the country who favor a plan to break up the megabanks......The 95% confidence interval is from% to%.(Type whole numbers. Use ascending order.)

Proportion is almost similar to the concept of probability. Proportion is a fraction of population…

Answered: In a nationwide survey conducted by a…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 8SGR

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What is meant by the sample space of an experiment?
In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.03 margin of error and use a confidence level 90%.
In a situation where the sample size was decreased from 39 to 29 in a normally distributed data set, what would be the impact on the confidence interval?
A research group studying cell phone habits asked the question “Do you ever use your cell phone to make a payment at a convenience store?” to people selected from two random samples of cell phone users. One sample consisted of older adults, ages 35 years and older, and the other sample consisted of younger adults, ages 18 years to 34 years. The proportion of people who answered yes in each sample was used to create a 95 percent confidence interval of (0.097,0.125)(0.097,0.125) to estimate the difference (younger minus older) between the population proportions of people who would answer yes to the question. Which of the following is the best description of what is meant by 95 percent confidence? In repeated random sampling with the same sample size, approximately 95% of the sample proportions from the younger group will be between 0.097 and 0.125 greater than the sample proportion from the older group. A In repeated random sampling with the same sample size,…
An environmental science teacher at a high school with a large population of students wanted to estimate the proportion of students at the school who regularly recycle plastic bottles. The teacher selected a random sample of students at the school to survey. Each selected student went into the teacher’s office, one at a time, and was asked to respond yes or no to the following question. Based on the responses, a 95 percent confidence interval for the proportion of all students at the school who would respond yes to the question was calculated as (0.584, 0.816 ). (b) Given the method used by the environmental science teacher to collect the responses, explain how bias might have been introduced and describe how the bias might affect the point estimate of the proportion of all students at the school who would respond yes to the question.
An environmental science teacher at a high school with a large population of students wanted to estimate the proportion of students at the school who regularly recycle plastic bottles. The teacher selected a random sample of students at the school to survey. Each selected student went into the teacher’s office, one at a time, and was asked to respond yes or no to the following question. Based on the responses, a 95 percent confidence interval for the proportion of all students at the school who would respond yes to the question was calculated as (0.584, 0.816 ). (a) How many students were in the sample selected by the environmental science teacher?
An environmental science teacher at a high school with a large population of students wanted to estimate the proportion of students at the school who regularly recycle plastic bottles. The teacher selected a random sample of students at the school to survey. Each selected student went into the teacher’s office, one at a time, and was asked to respond yes or no to the following question. Based on the responses, a 95 percent confidence interval for the proportion of all students at the school who would respond yes to the question was calculated as (0.584, 0.816 ). (c) The statistics teacher at the high school was concerned about the potential bias in the survey. To obtain a potentially less biased estimate of the proportion, the statistics teacher used an alternate method for collecting student responses. A random sample of 300 students was selected, and each student was given the following instructions on how to respond to the question. • In private, flip a fair coin. • If heads, you…

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