Question

In: Statistics and Probability

5. The Curdle Dairy Co. wants to estimate the proportion p of customers that will purchase...

5. The Curdle Dairy Co. wants to estimate the proportion p of customers that will purchase its new broccoli-flavored ice cream. Curdle wants to be 92% confident that they have estimated p to within .05. How many customers should they sample?

6. For a certain urban area, in a sample of 5 months, anaverage of 28 mail carriers were bitten by dogs each month. The standard deviation of the population is 3 mail carriers. Find the 90% confidence interval of the true mean number of mail carriers who are bitten by dogs each month.

Solutions

Expert Solution

Solution,

Given that,

5) =  1 - = 0.5

margin of error = E = 0.05

At 92% confidence level

= 1 - 92%

= 1 - 0.92 = 0.08

/2 = 0.04

Z/2 = Z0.04  = 1.751

sample size = n = (Z / 2 / E )2 * * (1 - )

= (1.751 / 0.05)2 * 05 * 0.5

= 306.60

sample size = n = 307



Given that,

6) Point estimate = sample mean = = 28

Population standard deviation =    = 3

Sample size = n = 5

At 90% confidence level

= 1 - 90%  

= 1 - 0.90 =0.10

/2 = 0.05

Z/2 = Z0.05 = 1.645


Margin of error = E = Z/2 * ( /n)

= 1.645 * ( 3 /  5)

= 2.21

At 90% confidence interval estimate of the population mean is,

  ± E

28 ± 2.21

( 25.79 , 30.21)  

  


Related Solutions

9. An internet provider wants to estimate the proportion of its existing customers that would sign...
9. An internet provider wants to estimate the proportion of its existing customers that would sign up to their new streaming service for movies, tv shows etc. Several sampling strategies have been proposed. An internet provider wants to estimate the proportion of its existing For each of these proposed sampling strategies, indicate what type of sampling method is used and what biases, if any, may result. a) Randomly select one street in each city which has many users of this...
The sample proportion p-bar provides an estimate for the population proportion p. The sampling distribution of...
The sample proportion p-bar provides an estimate for the population proportion p. The sampling distribution of the sample proportion is the probability distribution of the sample proportion. Consider a population with a proportion p = 0.60, from which a sample of size n = 200 is drawn. What is the sampling distribution of the sample proportion p-bar? Calculate the following probabilities using the distribution above: P(? < 0.5) P(? > 0.7) P(0.5 < ? < 0.7)
(5 pts) A researcher wants to estimate, at 92% confidence level, the proportion of Covid-19 symptomatic...
(5 pts) A researcher wants to estimate, at 92% confidence level, the proportion of Covid-19 symptomatic patients that have diabetes. The researcher wants estimate to be within three percentage points from the true proportion. What is the sample size needed if we have no pre-estimate of the proportion? 2. (10 pts) A researcher took a sample of 1000 healthy people, all of whom say they do not have diabetes, and tested their blood sugar. It turns out that 23 people...
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 21...
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 21 people reveals the mean yearly consumption to be 74 gallons with a standard deviation of 16 gallons. Assume that the population distribution is normal. (Use t Distribution Table.) a-1. What is the value of the population mean? 16 Unknown 74 a-2. What is the best estimate of this value?   Estimate population mean    c. For a 90% confidence interval, what is the value of...
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 21...
The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 21 people reveals the mean yearly consumption to be 74 gallons with a standard deviation of 16 gallons. Assume that the population distribution is normal. (Use t Distribution Table.) a-1. What is the value of the population mean? 16 Unknown 74 a-2. What is the best estimate of this value?   Estimate population mean    c. For a 90% confidence interval, what is the value of...
A town council wants to estimate the proportion of residents who are in favor of a...
A town council wants to estimate the proportion of residents who are in favor of a proposal to upgrade the computers in the town library. A random sample of 100 residents was selected, and 97 of those selected indicated that they were in favor of the proposal. Is it appropriate to assume that the sampling distribution of the sample proportion is approximately normal?
A survey of mining companies is to be conducted to estimate p, the proportion of companies...
A survey of mining companies is to be conducted to estimate p, the proportion of companies that anticipate hiring engineers during the coming year. (a) How large a sample is required to estimate p to within 0.04 with 95% confidence? (b) A sample of 500 yields 105 companies that plan to hire such engineers. Give the 95% confidence interval for p.
A 95% confidence interval estimate of the population proportion p is .405<p<.455 a. What is the...
A 95% confidence interval estimate of the population proportion p is .405<p<.455 a. What is the confidence interval? b. what is a? c. What is the critical value? d. what is the point estimate? e.What is the margin of error?
A prison official wants to estimate the proportion of cases of recidivism. Examining the records of...
A prison official wants to estimate the proportion of cases of recidivism. Examining the records of 236 convicts, the official determines that there are 78 cases of recidivism. Find the lower limit of the 80% confidence interval estimate for the population proportion of cases of recidivism. (Round to 3 decimal places.
A manufacturer wants to estimate the proportion of defective items in production. However, 18 of the...
A manufacturer wants to estimate the proportion of defective items in production. However, 18 of the 8,000 items in a random sample were found to be defective. (a) Establish a 99% confidence interval for the proportion of defective items. (b) If a confidence interval for the proportion of non-defective items had been constructed from of the same data, would you have gotten a larger margin of error? (c) A proportion of defective items of 3/1000 is considered acceptable. Are we...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT