Question

In: Statistics and Probability

Assume 100 people are randomly selected from cell phone ownership rolls. Using subjective judgment, describe the...

Assume 100 people are randomly selected from cell phone ownership rolls. Using subjective judgment, describe the number of females observed as being (a) significantly low, (b) significantly high, or (c) neither significantly low nor significantly high.

Item 1. If 33 females are randomly selected, what is your judgment on this outcome?

Item 2. If 98 males are randomly selected, what is your judgment on this outcome?

For your response, please type each letter answer separated by a comma. For example, if you believe that the answer to Item 1 is "a" and for Item 2 it is "b," then type your response as a,b.

Solutions

Expert Solution

The answer is :- c,a.

  • Subjective probability is a type of probability derived from an individual's personal judgment or own experience about whether a specific outcome is likely to occur.
  • It contains no formal calculations and only reflects the subject's opinions and past experience rather than on data or computation.
  • Subjective probabilities differ from person to person and contain a high degree of personal bias.

And, here in Item 1.) we have a ratio of 33 females out of 100.

if we had 50 females, we could have said that we have exact equal ratio and we gave good quantity of females, now it is 33 which is not very very much lesser than 50. Also, if this number is been below than 10, then the answer should have been a.) but now it is c.)

In Item 2.) we have 98 males implying that only 2 females which is a very very low ratio of females out of 100 and hence, a.) is the correct option.

I hope i answered your question very well, Please do LIKE it, Thanks.


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