In: Statistics and Probability
Use the following information for the next three problems. Suppose that = 30% of the students at a large university must take a statistics course. Suppose that a random sample of 50 students is selected. Let = the percent of students in the sample who must take statistics.
Different samples will produce different values of . In order for the values of to vary according to a normal model, we need to check two conditions. Which two of the following need to be checked?
a. |
and |
|
b. |
The sample size is large (). |
|
c. |
The sample observations are independent of each other. |
|
d. |
The population distribution is normal in shape. |
2. 95% of all samples will produce a between __________ and __________.
a. |
0.170 and 0.430 |
|
b. |
0.105 and 0.495 |
|
c. |
0.280 and 0.320 |
|
d. |
0.235 and 0.365 |
3. What is the chance that more than 38% of the students in a sample must take statistics (i.e. what is the chance that > 0.38)?
a. |
1.23 |
|
b. |
0.8907 |
|
c. |
0.6480 |
|
d. |
0.1093 |
The sample size is large ().
The sample observations are independent of each other.
(2)
sample proportion, = 0.3
sample size, n = 50
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.3 * (1 - 0.3)/50) = 0.065
Given CI level is 95%, hence α = 1 - 0.95 = 0.05
α/2 = 0.05/2 = 0.025, Zc = Z(α/2) = 1.96
CI = (pcap - z*SE, pcap + z*SE)
CI = (0.3 - 1.96 * 0.065 , 0.3 + 1.96 * 0.065)
CI = (0.170 , 0.430)
Option A
3)
Here, μ = 0.3, σ = 0.065 and x = 0.38. We need to compute P(X >=
0.38). The corresponding z-value is calculated using Central Limit
Theorem
z = (x - μ)/σ
z = (0.38 - 0.3)/0.065 = 1.23
Therefore,
P(X >= 0.38) = P(z <= (0.38 - 0.3)/0.065)
= P(z >= 1.23)
= 1 - 0.8907 = 0.1093
Option D