Question

In: Statistics and Probability

Are you more likely to purchase a brand mentioned by an athlete on a social media...

Are you more likely to purchase a brand mentioned by an athlete on a social media site? According to Catalyst Digital Fan Engagement survey, 53% of social media sports fans would make such a purchase.

A) Suppose that the survey had a sample size of n=500. Construct a 95% confidence interval estimate for the population proportion of social media sports fans that would more likely purchase a brand mentioned by an athlete on a social media site.

B) Based on (a), can you claim that more than half of all social media sports fans would more likely purchase a brand mentioned by an athlete on a social media site?

C) Repeat parts (a) and (b), assuming that the survey had a sample size of n=5,000.

D) Discuss the effect of sample size on confidence interval estimation.

Solutions

Expert Solution


orchestra answered 1 year ago
Next > < Previous

Related Solutions

Are you likely to purchase an item promoted by a celebrity on a social media​ site?...
Are you likely to purchase an item promoted by a celebrity on a social media​ site? According to a​ survey, 27​% of social media users have made such a purchase. Complete parts​ (a) through​ (d) below. a. Suppose that the survey had a sample size of nequals800. Construct a 95 % confidence interval estimate for the population proportion of social media users that have purchased an item promoted by a celebrity on a social media site. nothingless than or equalspiless...
11. Are you likely to purchase an item promoted by a celebrity on a social media​...
11. Are you likely to purchase an item promoted by a celebrity on a social media​ site? According to a​ survey, 26​% of social media users have made such a purchase. a. Suppose that the survey had a sample size of n=800. Construct a 90% confidence interval estimate for the population proportion of social media users that have purchased an item promoted by a celebrity on a social media site. b. Based on​ (a), can you claim that more than...
Are you likely to purchase an item promoted by a celebrity on a social media​ site?...
Are you likely to purchase an item promoted by a celebrity on a social media​ site? According to a​ survey, 26​% of social media users have made such a purchase. A. Suppose that the survey had a sample size of N=900. Construct a 95% confidence interval estimate for the population proportion of social media users that have purchased an item promoted by a celebrity on a social media site. ( ROUND TO 4 DECIMAL ) B. Based on​ (a), can...
Are you likely to purchase an item promoted by a celebrity on a social media​ site?...
Are you likely to purchase an item promoted by a celebrity on a social media​ site? According to a​ survey, 26​% of social media users have made such a purchase. Complete parts​ (a) through​ (d) below. a. Suppose that the survey had a sample size of n =900. Construct a 90% confidence interval estimate for the population proportion of social media users that have purchased an item promoted by a celebrity on a social media site. ≤ π ≤ ​(Type...
Social Media and HR It is happening more and more that a candidate’s social media profile...
Social Media and HR It is happening more and more that a candidate’s social media profile has caused him or her not to be hired. Review all of the online materials available about you—Facebook, LinkedIn, blog postings you have made, photographs uploaded from the perspective of a potential employer. Do you have any materials that might keep you from being hired? What do you think of the privacy issues surrounding this practice?
Identify a social media marketing campaign for your favorite brand. How does the social media marketing...
Identify a social media marketing campaign for your favorite brand. How does the social media marketing campaign invite you to take part? What is the experience strategy? Which zones does the strategy use? How does the campaign include share technologies to ensure your activities are shared with your network? Post two paragraphs for this discussion.
How Harrods uses social media to promote brand awareness?
How Harrods uses social media to promote brand awareness?
Find and describe a social media campaign of a brand of your choice that is running...
Find and describe a social media campaign of a brand of your choice that is running a campaign around Thanksgiving/The Holiday Season. What is the brand What is the goal of the brand's campaign? Who is the intended target audience? Which social media and non-social media channels does the campaign use for this campaign? How can the campaign measure success? Include visuals of the campaign and each channel you list, such as a screenshot or link to the brand's ads...
Post an example of a social media message from a major brand. Identify the audience and...
Post an example of a social media message from a major brand. Identify the audience and market segment the message was intended to reach. in 250-350 words please ***do not reuse answers already posted on here
You would like to determine if a prospective customer is more likely to purchase a product...
You would like to determine if a prospective customer is more likely to purchase a product after viewing a promotional advertisement for that product. You have the following data from the focus group. Customer Likely to Purchase Likely to Purchase After Promotion A 54 61 B 39 40 C 62 57 D 78 80 E 90 93 F 25 44 G 35 40 Conduct a hypothesis test using a 0.05 level of significance. Remember to show your work and indicate...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT