In: Statistics and Probability
According to a study conducted by a statistical organization, the proportion of people who are satisfied with the way things are going in their lives is 0.86. Suppose that a random sample of 100 people is obtained. Complete parts (a) through (e) below.
(a) Suppose the random sample of 100 people is asked, "Are you satisfied with the way things are going in your life?" Is the response to this question qualitative or quantitative? Explain. A. The response is quantitative because the responses can be measured numerically and the values added or subtracted, providing meaningful results. B. The response is qualitative because the responses can be classified based on the characteristic of being satisfied or not. C. The response is quantitative because the responses can be classified based on the characteristic of being satisfied or not. D. The response is qualitative because the responses can be measured numerically and the values added or subtracted, providing meaningful results.
(b) Explain why the sample proportion, ModifyingAbove p with caret, is a random variable. What is the source of the variability? A. The sample proportion ModifyingAbove p with caret is a random variable because the value of ModifyingAbove p with caret represents a random person included in the sample. The variability is due to the fact that different people feel differently regarding their satisfaction. B. The sample proportion ModifyingAbove p with caret is a random variable because the value of ModifyingAbove p with caret varies from sample to sample. The variability is due to the fact that different people feel differently regarding their satisfaction. C. The sample proportion ModifyingAbove p with caret is a random variable because the value of ModifyingAbove p with caret represents a random person included in the sample. The variability is due to the fact that people may not be responding to the question truthfully. D. The sample proportion ModifyingAbove p with caret is a random variable because the value of ModifyingAbove p with caret varies from sample to sample. The variability is due to the fact that people may not be responding to the question truthfully.
(c) Describe the sampling distribution of ModifyingAbove p with caret, the proportion of people who are satisfied with the way things are going in their life. Be sure to verify the model requirements. Since the sample size is ▼ no more no less than 5% of the population size and np(1minusp)equals nothing greater than or equals10, the distribution of ModifyingAbove p with caret is ▼ approximately normal skewed right skewed left uniform with mu Subscript ModifyingAbove p with caret Baseline equals nothing and sigma Subscript ModifyingAbove p with caret Baseline equals nothing. (Round to three decimal places as needed.)
(d) In the sample obtained in part (a), what is the probability that the proportion who are satisfied with the way things are going in their life exceeds 0.90? The probability that the proportion who are satisfied with the way things are going in their life exceeds 0.90 is nothing. (Round to four decimal places as needed.)
(e) Using the distribution from part (c), would it be unusual for a survey of 100 people to reveal that 79 or fewer people in the sample are satisfied with their lives? The probability that 79 or fewer people in the sample are satisfied is nothing, which ▼ is not is unusual because this probability ▼ is is not less than ▼ 5 0.05 0.5 50 %. (Round to four decimal places as needed.)