In: Statistics and Probability
a noted psychic was tested for extrasensory perception. the psychic was presented with 200 cards face down and asked to determine if each card were one of five symbols: a star, a cross, a circle, a square, or three wavy lines. the psychic was correct in 50 cases.
let p represent the probability that the psychic correctly identifies the symbols on the card in a random trial. assume the 200 trials can be treated as a simple random sample from the population of all guesses the psychic would make in his lifetime.
1.based on the results what is a 95% confidence interval for p (use the large sample confidence interval)
a. 0.25 + or - 0.06
b. 0.25 plus or minus 0.004
c. 0.25 plus or minus 0.05
d. 0.25 + or - 0.055
2. suppose we now perform a hypothesis test with the no hypothesis being that the psychic has no ability so p equals 0.20. what is the p-value for the two-sided test?
a. 0.05 <P value<0.10
b. 0.01<P value <0.05
c. 0.001<P value<0.01
d. P value < 0.001
e. 0.10< P value
1)Here, the sample proportion , = 50 / 200
= 0.25
n = 200
z-value for 95% confidence interval = 1.96
Therefore, the confidence interval is = z*(1-)/n
= 0.25 1.96 * 0.0306
= 0.25 0.06
Answer) a. 0.25 + or - 0.06
2) to test,
H0 : p = 0.2
H1 : p 0.2
= 0..25
The test statistic , z = ( - p) / p(1-p)/n
= 0.05 / 0.028
= 1.786
We find the corresponding p-value for the z statistic using MS-Excel.
P-value = 0.074
Answer) a. 0.05 < p value < 0.10