Question

In: Statistics and Probability

Question 2: (12 marks) Correct to three decimal places if necessary. (1) 200 Hong Kong drivers...

Question 2: Correct to three decimal places if necessary.


(1) 200 Hong Kong drivers were randomly sampled and it was discovered that 25 of these drivers were illegally
talking on the cell phone without the use of a hands-free device. Find the point estimator for the proportion
of drivers who are using their cell phones illegally and construct a 95% condence interval.


(2) America's young people are heavy Internet users: 87% of Americans ages 12 to 17 are Internet users. MySpace
was voted the most popular website by 9% in a sample survey of Internet users in this age group. Suppose
1400 youths participated in the survey. What is the margin of error and what is the interval estimate of the
population proportion for which MySpace is the most popular Website? Use a 95% condence level.

Solutions

Expert Solution



Related Solutions

Question 2 (20 marks) Dogfish Limited is a company incorporated in Hong Kong. Its finan cial...
Question 2 Dogfish Limited is a company incorporated in Hong Kong. Its finan cial year end is 31 December. On 1 January 2017, Dogfish Limited purchased 5,000 shares issued by Frogfish Limited for trading purposes. To raise funds for the purchase of shares issued by Frogfish Limi ted, Dogfish Limited issued corporate bonds with the principal value of $1,000,000 and a term of five years on 1 January 2017. On 1 January 2017, the selling price of a share of...
Question 1 The household expenditure (HK$) of 12 sampled families with 4 members in Hong Kong...
Question 1 The household expenditure (HK$) of 12 sampled families with 4 members in Hong Kong in September 2019 were as follows: 8095 6745 4427 2192 4697 7549 4302 4209 3520 7621 2757 6441 (a) Find the sample mean and sample standard deviation of the data. (b) Find the inter-quartile range of the data. (c) Find the 15th percentile and 85th percentile of the data. (d) Use the sampled data as reference, what is the probability that the household expenditure...
Question 6 (20 marks) Alphabet Company (ABC) is an electronic manufacturer in Hong Kong. The firm...
Question 6 Alphabet Company (ABC) is an electronic manufacturer in Hong Kong. The firm has grown rapidly in recent years, causing a need for short-term financing. Regarding its sales, a majority are for credit although the rest of them are for cash. The credit sales are financed with short-term borrowings. As a financial manager of ABC, (a) (b) (c) You are told that ABC has a $900,000 line of credit with a 10% compensating balance requirement with ICBC Bank. It...
1 x is a binomial random variable. (Give your answers correct to three decimal places.) (a)...
1 x is a binomial random variable. (Give your answers correct to three decimal places.) (a) Calculate the probability of x for:     n = 7,    x = 3,    p = 0.9 P(x) =    (b) Calculate the probability of x for:     n = 5,    x = 4,    p = 0.25 P(x) =   (c) Calculate the probability of x for:     n = 8,    x = 2,    p = 0.6 P(x) =    (d) Calculate the probability of x for:     n = 6,    x...
1. x is a binomial random variable. (Give your answers correct to three decimal places.) (a)...
1. x is a binomial random variable. (Give your answers correct to three decimal places.) (a) Calculate the probability of x for: n = 1, x = 0, p = 0.35 (b) Calculate the probability of x for: n = 7, x = 6, p = 0.7 (c) Calculate the probability of x for: n = 4, x = 1, p = 0.35 (d) Calculate the probability of x for: n = 3, x = 3, p = 0.7 (e)...
Develop an effect size measure (round to 2 decimal places) for Chapter 12 question 27 shown...
Develop an effect size measure (round to 2 decimal places) for Chapter 12 question 27 shown below: In an ANOVA table, the MSE is equal to 10. Random samples of six were selected from each of four populations, where the sum of squares total was 250.
Question 3 (10 marks) Keep Beautiful Company Limited (“KB”) is a Hong Kong company providing beauty...
Question 3 Keep Beautiful Company Limited (“KB”) is a Hong Kong company providing beauty care services through prepaid packages. Since hiring Ms Marie Tam as the CEO, KB has been developing rapidly. There are currently 10 beauty salons in Hong Kong, which five of them have been opened during the financial year ended 31 December 2019. Marie plans to open more beauty salons in Macau and the Mainland China. Although some Directors are concerned with the rapid development, Marie assures...
(Correct you answer to 4 decimal places and report the measurement unit when applicable) Question (a)...
(Correct you answer to 4 decimal places and report the measurement unit when applicable) Question (a) State which test (z-test, t-test, ANOVA, χ2 test) is most suitable for each of the following cases: (i) A report claims that 60%, 30%, and 10% of primary kids go to school on foot, by school bus, and by public transport. Test, if the same ratio applied for secondary kids. (ii) A survey has interviewed 20 kids. Each kid reported the amount of red-packet...
Type or paste question hereConsider the following. (Give your answers correct to four decimal places.) (a)...
Type or paste question hereConsider the following. (Give your answers correct to four decimal places.) (a) Find P(0.00 < z < 2.08). (b) Find P(-1.83 < z < 2.09). (c) Find P(z > 0.21). (d) Find P(z < 1.53).
Question 1: Why a pure colony isolation on the plate is necessary? (2 marks) Question 2:...
Question 1: Why a pure colony isolation on the plate is necessary? Question 2: Briefly define the use of the following media in combination with primary culture media for isolation of organisms from clinical specimens. Support your answer by quoting examples for each category: (1.5 x 4 = 6 Marks) 1. An enrichment broth 2. Nutritional agar 3. Selective agar 4. Differential media Question 3: What are the limitations associated with placing too much organism on the slide prior to...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT