Question

In: Statistics and Probability

Data was collected to study the background of the people who participate in online gambling. Data...

Data was collected to study the background of the people who participate in online gambling. Data was collected to study the background of the people who participate in online gambling. Data was collected to study the background of the people who participate in online gambling. Data was collected to study the background of the people who participate in online gambling. Data was collected to study the background of the people who participate in online gambling. Data was collected to study the background of the people who participate in online gambling.

Calculate 95% confidence interval for the population proportion of people who went to college. What is the interpretation of this confidence interval? Will the 90% confidence interval wider or smaller than the 95% confidence interval? Explain your Answer. 64 customers were selected at random and asked about their annual salary and whether they went to college. It was found that 24 people in the sample went to college.

Solutions

Expert Solution


Related Solutions

Data was collected to study the background of the people who participate in online gambling. 64...
Data was collected to study the background of the people who participate in online gambling. 64 people were selected at random and asked about their annual salary and whether they went to college. After the survey, sample mean and sample standard deviation were calculated. They were $90K and $30K respectively. A. Calculate 95% confidence limits for the population mean annual salary. B. What is the interpretation of the limits in part A? C. If you calculate 99% confidence limits for...
1. In preparing to do a study on the proportion of people who use internet gambling...
1. In preparing to do a study on the proportion of people who use internet gambling sites, you must determine how many people to survey. If you want to be 99% confident that the population proportion is within 3 percentage points, how many people must you survey? 2.The National Health and Nutrition Examination Survey reported that in a recent year, the mean serum cholesterol level for U.S. adults was 202, with a standard deviation of 41 milligrams per deciliter. A...
To study the physical fitness of a sample of 28 people, the data below were collected...
To study the physical fitness of a sample of 28 people, the data below were collected representing the number of sit-ups that a person could do in one minute. 42, 70, 81, 48, 40, 63, 58, 54, 29, 66, 49, 48, 76, 42, 65, 57, 46, 57, 55, 60, 34, 40, 32, 27, 40, 9, 68, 120 Determine the lower and upper fences. Are there any outliers according to this criterion? This needs to be completed by hand and show...
1. An airline’s data indicate that 50 percent of people who begin the online process of...
1. An airline’s data indicate that 50 percent of people who begin the online process of booking a flight never complete the process and pay for the flight. To reduce this percentage, the airline is considering changing its website so that the entire booking process, including flight and seat selection and payment, can be done on two simple pages rather than the current four pages. A random sample of 300 customers who begin the booking process are exposed to the...
Background and Content: The following financial data was collected during a fraud investigation:                           &
Background and Content: The following financial data was collected during a fraud investigation:                                                                            Year 1                                 Year 2                                 Year 3 Assets: Residence                           $280,000                            $280,000             $280,000 Automobile                           18,000                                45,000                                45,000 CD                                              5,000                                 15,000                                15,000 Cash                                          8,000                                   8,000                                   2,000 Stock portfolio                      5,000                                 15,000                                15,000 Boat                                                                                      15,000                                15,000 Liabilities: Mortgage                           100,000                              80,000                                  20,000 Auto loan                              24,000                             60,000                                  20,000 Other loan                                                                         6,000...
An investigator theorizes that people who participate in a regular program of exercise will have levels...
An investigator theorizes that people who participate in a regular program of exercise will have levels of systolic blood pressure that are significantly different from that of people who do not participate in a regular program of exercise. To test this idea the investigator randomly assigns 40 subjects to an exercise program for 10 weeks and 40 subjects to a non-exercise comparison group. After ten weeks the mean systolic blood pressure of subjects in the exercise group is 137 and...
An investigator theorizes that people who participate in a regular program of exercise will have levels...
An investigator theorizes that people who participate in a regular program of exercise will have levels of systolic blood pressure that are significantly different from that of people who do not participate in a regular program of exercise. To test this idea the investigator randomly assigns 21 subjects to an exercise program for 10 weeks. After ten weeks the mean systolic blood pressure of subjects in the exercise group is 137 ( = 10). The mean systolic blood pressure of...
Research indicates that people who volunteer to participate in research studies tend to be natives of...
Research indicates that people who volunteer to participate in research studies tend to be natives of the general area more than non-volunteers. To test this phenomenon, a researcher obtained a sample of 275 Pierce college students. The students were given a description of a psychological research study and asked whether they would volunteer to participate. The researcher also asked where they were from. Use a χ² square to determine if there is a significant relationship between being local and volunteering....
An investigator theorizes that people who participate in a regular program of exercise will have levels...
An investigator theorizes that people who participate in a regular program of exercise will have levels of systolic blood pressure that are significantly different from that of people who do not participate in a regular program of exercise. To test this idea the investiga tor randomly assigns 21 subjects to an exercise program for 10 weeks and 21 subjects to a nonexercise comparison group. After ten weeks the mean systolic blood pressure of subjects in the exercise group is 137...
Online banking is quick and c Among those people who have an online% approximation to a...
Online banking is quick and c Among those people who have an online% approximation to a binomial distribution with continuity correction. This program computes and prints the current season of the year depending on the month and day. */ import java.util.Scanner; public class Seasons { public static void main(String[] args) { //default value for the variables month, day and season int month = 0; // month is set to 0 int day = 0; // day is set to 0...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT