In: Statistics and Probability
asnwer the following questions
Assume you get the following M&M’s in your bag:
Blue |
Orange |
Green |
Yellow |
Red |
Brown |
Total |
10 |
14 |
15 |
9 |
2 |
6 |
56 |
Now assume that your group of 4 students had the following numbers combined:
Blue |
Orange |
Green |
Yellow |
Red |
Brown |
Total |
40 |
47 |
24 |
24 |
24 |
15 |
174 |
1- Pick one of the colors. For this color, you need to calculate 2 confidence intervals.
a.Calculate a 95% confidence interval for the proportion of the color you were assigned of M&M’s based on the count in just your bag.
b.Now with your group calculate a 95% confidence interval for the proportion of the color you were assigned of M&M’s based on the count from the class
2-Compare these two confidence intervals. What do you notice about the p-hat for each and the margin of error for each? Why do you think this is true?
Now assume the classes’ distribution is as follows:
Blue |
Orange |
Green |
Yellow |
Red |
Brown |
Total |
297 |
298 |
159 |
175 |
163 |
120 |
1212 |
3-Now calculate a 95% confidence interval for your color based on these numbers.
4-How does this interval compare with your other intervals?
The following is the distribution of colors for milk chocolate m&m’s from the company:
24% blue, 20% orange, 16% green, 14% yellow, 13% red, 13% brown.
5-Do your intervals capture the true percentage based on the above information from M&M Mars? Do all of them, or just some of them?
6-If they don’t capture the true proportion, why do you think that is?