In: Statistics and Probability
Complete the problems below. Show some of your steps and explain the answer, too.
Question #1 (6 points)
A 95% confidence interval for a population proportion yielded the interval (.345, .455).
Question #2 (6 points)
According to recent figures, 6% of college graduates (aged 21-24) are unemployed, which is the lowest rate since before the recession. Suppose we take a random sample of 230 recent graduates (aged 21-24). What is the probability that the unemployment rate is 9% or higher? (This 9% number is significant because it was the unemployment rate for college grads during the recession.) Does it seem like the unemployment rate has improved significantly since the recession? Explain.
Question #3 (8 points)
A Pew Research Center poll of 1007 randomly selected adults showed that 42% of those survey feel the Internet is a bad influence on morality.
1)a) Margin of error = (0.455 - 0.345)/2 = 0.055
b) + 0.055 = 0.455
Or, = 0.4
c) The 90% confidence interval will be narrower. Because as the confidence level decreases, the margin of error also decreases. So that the confidence interval becomes narrower.
2) p = 0.06
n = 230
= p = 0.06
= sqrt(p(1 - p)/n)
= sqrt(0.06(1 - 0.06)/230)
= 0.0157
P( > 0.09)
= P(( - )/ > (0.09 - )/)
= P(Z > (0.09 - 0.06)/0.0157)
= P(Z > 1.91)
= 1 - P(Z < 1.91)
= 1 - 0.9719
= 0.0281
Yes, the unemployment rate has improved significantly since the recession, because the probability value is less than 0.05.
3)a) n = 1007
b) = 0.42
c) Margin of error = z0.025 * sqrt((1 - )/n)
= 1.96 * sqrt(0.42(1 - 0.42)/1007)
= 0.0305
d) The 95% confidence interval is
+/- E
= 0.42 +/- 0.0305
= 0.3895, 0.4505
e) Since the interval doesn't contain 0.5, so we Can conclude that more than half of adults feel the internet is a bad influence on morality.