EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 9, Problem 10P
To determine
Find the 95% confidence interval for the population proportion of residents who believe that the tax rate is too high.
Check whether it is reasonable to conclude that 50% of the voters believe that taxes are too high.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
In a survey of 600 personnel directors, 40% thought that they would be hiring new personnel over the next three months.
(a) Construct a 97% confidence interval for the proportion of all personnel directors planning to hire personnel over the next three months?
(b) What is margin of error used in (a)?
(c) Find the necessary sample size, if they wish to be accurate within 3% of the true proportion.
In September 2011, Gallup surveyed 1,004 American adults and asked them whether they blamed Barack Obama a great deal, a moderate amount, not much, or not at all for U.S. economic problems. The results showed that 53% of respondents blamed Barack Obama a great deal or a moderate amount.
Calculate the 99% confidence interval for the proportion of all American adults who blame Barack Obama a great deal or a moderate amount for U.S. economic problems.
A regional survey of 561 companies asked the vice president of operations how satisfied he or she was with the software support received from the computer staff of the company. Suppose 187 of the 561 vice presidents said they were satisfied. What is the 99% confidence interval for the proportion of the population of vice presidents who would have said they were satisfied with the software support if a census had been taken?
Chapter 9 Solutions
EBK STATISTICAL TECHNIQUES IN BUSINESS
Ch. 9 - Prob. 1SRCh. 9 - Prob. 1ECh. 9 - A sample of 81 observations is taken from a normal...Ch. 9 - Prob. 3ECh. 9 - Suppose you know and you want an 85% confldence...Ch. 9 - Prob. 5ECh. 9 - Prob. 6ECh. 9 - Prob. 7ECh. 9 - Prob. 8ECh. 9 - Prob. 2SR
Ch. 9 - Prob. 9ECh. 9 - Prob. 10ECh. 9 - Prob. 11ECh. 9 - Prob. 12ECh. 9 - Prob. 13ECh. 9 - Prob. 14ECh. 9 - Prob. 3SRCh. 9 - Prob. 15ECh. 9 - Ms. Maria Wilson is considering running for mayor...Ch. 9 - Prob. 17ECh. 9 - Prob. 18ECh. 9 - Prob. 4SRCh. 9 - Prob. 19ECh. 9 - Prob. 20ECh. 9 - Prob. 21ECh. 9 - Prob. 22ECh. 9 - Prob. 23ECh. 9 - Prob. 24ECh. 9 - Prob. 25ECh. 9 - Prob. 26ECh. 9 - The same study of church contributions in Scandia...Ch. 9 - Thirty-six items are randomly selected from a...Ch. 9 - Forty-nine items are randomly selected from a...Ch. 9 - The attendance at the Savannah Colts minor league...Ch. 9 - There are 300 welders employed at Maine Shipyards...Ch. 9 - Prob. 31CECh. 9 - Prob. 32CECh. 9 - Prob. 33CECh. 9 - Prob. 34CECh. 9 - Prob. 35CECh. 9 - Prob. 36CECh. 9 - Prob. 37CECh. 9 - Prob. 38CECh. 9 - Prob. 39CECh. 9 - Prob. 40CECh. 9 - Prob. 41CECh. 9 - Prob. 42CECh. 9 - Prob. 43CECh. 9 - Prob. 44CECh. 9 - Prob. 45CECh. 9 - Prob. 46CECh. 9 - Prob. 47CECh. 9 - Prob. 48CECh. 9 - Prob. 49CECh. 9 - Prob. 50CECh. 9 - Prob. 51CECh. 9 - Prob. 52CECh. 9 - Prob. 53CECh. 9 - Prob. 54CECh. 9 - Prob. 55CECh. 9 - Prob. 56CECh. 9 - Prob. 57CECh. 9 - Prob. 58CECh. 9 - Prob. 59CECh. 9 - Prob. 60CECh. 9 - Prob. 61CECh. 9 - Prob. 62CECh. 9 - Prob. 63CECh. 9 - Prob. 64CECh. 9 - Prob. 65CECh. 9 - Prob. 66CECh. 9 - A sample of 352 subscribers to Wired magazine...Ch. 9 - Prob. 68CECh. 9 - Prob. 70DACh. 9 - Prob. 1PCh. 9 - Prob. 2PCh. 9 - Prob. 3PCh. 9 - Prob. 4PCh. 9 - Prob. 5PCh. 9 - Prob. 6PCh. 9 - Prob. 7PCh. 9 - Prob. 8PCh. 9 - Prob. 9PCh. 9 - Prob. 10PCh. 9 - Prob. 11PCh. 9 - Prob. 12PCh. 9 - Prob. 13PCh. 9 - Prob. 1CCh. 9 - Prob. 1.1PTCh. 9 - Prob. 1.2PTCh. 9 - Prob. 1.3PTCh. 9 - Prob. 1.4PTCh. 9 - Prob. 1.5PTCh. 9 - Prob. 1.6PTCh. 9 - Prob. 1.7PTCh. 9 - Prob. 1.8PTCh. 9 - Prob. 1.9PTCh. 9 - Prob. 1.10PTCh. 9 - Prob. 2.1PTCh. 9 - Prob. 2.2PTCh. 9 - Prob. 2.3PTCh. 9 - Prob. 2.4PT
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- What is a sample space?arrow_forwardIn a recent Zogby International Poll, nine of 48 respondents rated the likelihood of a terrorist attack in their community as “likely” or “very likely”. Use the “plus four” method to create a 98% confidence interval for the proportion of American adults who believe that a terrorist attack in their community is likely or very likely. Interpret your confidence interval.arrow_forwardA college administrator is interested in determining the proportion of students who receive some sort of financial aid. Instead of examining the records for all students, the administrator randomly draws 120 students and finds that 48 of them are receiving financial aid. Use a 90% confidence interval to estimate the true proportion of students who receive financial aid.arrow_forward
- In a study by Sallie Mae and Gallup, 323 of the 569respondents said that they paid for their education by taking out student loans. Find a 95% confidence interval for the proportion of students who paid for their education by taking out student loans.arrow_forwardIn a random sample of 100 voters in a school district, 40 of them stated they were in favor of the school district bond election. Find a 95% confidence interval for the true proportion of all district voters who favor the bond election. Interpret the interval in the context of the problem.arrow_forwardIf a 0.10 significance level is to be used to test the claim that p1< p2, what confidence level should be used? confidence level should be used? ____ (I have tried 90%, 95% and 99% but all of them are wrong.)arrow_forward
- When a recent survey asked subjects whether it should or should not be the government's responsibility to impose strict laws to make industry do less damage to the environment, 1400 of 1496 subjects said yes. Construct the 95% confidence interval. Can you conclude whether or not a majority or minority of the population would answer yes?arrow_forwardin a recent poll, 220 people were asked if they liked dogs, and 36% said they did . find the margin of error for this poll, at the 95% confidence level.arrow_forwardIn a Gallup poll of 804 randomly selected adults living in the 50 U.S. states and the District of Columbia, 466 felt that gay and lesbian relationships were morally acceptable. Construct a 95% confidence interval for the proportion of Americans who feel that gay and lesbian relationships are morally acceptable.arrow_forward
- In a study by Sallie Mae and Gallup, 223 of the 934 respondents said that they paid for their education by taking out student loans. Find a 95% confidence interval for the proportion of students who paid for their education by taking out student's loans.arrow_forwardAn epidemiologist is worried about the prevalence of the flu in East Vancouver and the potential shortage of vaccines for the area. She will need to provide a recommendation for how to allocate the vaccines appropriately across the city. She takes a simple random sample of 339 people living in East Vancouver and finds that 40 have recently had the flu. For each of the following statements, specify whether the statement is a correct interpretation of the 95% confidence interval for the true proportion of East Vancouver residents who have recently had the flu. A. 11.80% (40/339) of East Vancouver residents have recently had the flu. ? true false B. There is a 95% probability that the true proportion of East Vancouver residents who have recently had the flu equals 40/339. ? true false C. If another random sample of 339 East Vancouver residents is drawn, there is a 95% probability that the sample proportion of East Vancouver residents who have recently had the flu equals 40/339. ?…arrow_forwardWhen a recent survey asked subjects whether it should or should not be the government's responsibility to impose strict laws to make industry do less damage to the environment, 1200 of 1700 subjects said yes. Construct the 95% confidence interval. Can you conclude whether or not a majority or minority of the population would answer yes?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Sampling Methods and Bias with Surveys: Crash Course Statistics #10; Author: CrashCourse;https://www.youtube.com/watch?v=Rf-fIpB4D50;License: Standard YouTube License, CC-BY
Statistics: Sampling Methods; Author: Mathispower4u;https://www.youtube.com/watch?v=s6ApdTvgvOs;License: Standard YouTube License, CC-BY