In an earlier poll, it was determined that 55% of the
population support the prime minister....
In an earlier poll, it was determined that 55% of the
population support the prime minister. Today, 100 people were
polled and 50% of respondents approve. If these polls are conducted
weekly, can one claim that the prime minister's popularity has
decreased? Explain your thinking with the help of appropriate
calculations.
Research on a new medication shows it is 85% effective in
relieving allergy symptoms. In other words, 85 in 100 people would
report feeling better a day after taking the drug. How many users
of the medication would have to be surveyed before being 99.9% sure
that at least someone felt relief?
Solutions
Expert Solution
(there are more than 1 questions, as per policy i am answering
first question)
TEST :
therefore, we can say that prime minister's popularity has
decreased
Suppose the prime minister wants an estimate of the proportion
of the population who support his current policy on health care.
The prime minister wants the estimate to be within 0.21 of the true
proportion. Assume a 90% level of confidence. The prime minister's
political advisors estimated the proportion supporting the current
policy to be 0.48. (Round the intermediate calculation to 2
decimal places. Round the final answer to the nearest whole
number.)
a. How large of a sample is...
Suppose the prime minister wants an estimate of the proportion
of the population who support his current policy on health care.
The prime minister wants the estimate to be within 0.21 of the true
proportion. Assume a 90% level of confidence. The prime minister's
political advisors estimated the proportion supporting the current
policy to be 0.48. (Round the intermediate calculation to 2
decimal places. Round the final answer to the nearest whole
number.)
a. How large of a sample is...
Suppose the prime minister wants an estimate of the proportion
of the population who support his current policy on health care.
The prime minister wants the estimate to be within 0.03 of the true
proportion. Assume a 80% level of confidence. The prime minister's
political advisors estimated the proportion supporting the current
policy to be 0.3. (Round the intermediate calculation to 2
decimal places. Round the final answer to the nearest whole
number.)
a. How large of a sample is...
Exercise 8-37
Suppose the prime minister wants an estimate of the proportion
of the population who support his current policy on health care.
The prime minister wants the estimate to be within 0.16 of the true
proportion. Assume a 90% level of confidence. The prime minister's
political advisors estimated the proportion supporting the current
policy to be 0.43. (Round the intermediate calculation to 2
decimal places. Round the final answer to the nearest whole
number.)
a. How large of a...
Multiple choice questions
25. Geert Hofstede is:
a. the prime minister of the Netherlands
b. a scholar Eof workplace cultural values
c. the General Secretary of the UN
d. none of the above
26. The religion of Islam is composed of the:
a. Sunni sect
b. Shia sect
c. Christian sect
d. Global sect
e. “a.” and “b.” above
27. The best way to understand Sunni and Shia conflict within
Islam is to consider:
a....
Testing a claim about a population proportion:
According to the Gallup poll results of 2014, support for the
U.S. death penalty for convicted murderers was stable at 63%.
(After several years of diminishing support, American support had
leveled out in the low 60s.) In a survey of 150 randomly selected
18-20 year olds, 75 said they were in favor of the death penalty
for those convicted of murder. Does this sample appear to come from
a population with a lower...
You are an economic advisor to Australia’s Prime Minister.
Australia is an open economy with free capital mobility. The P.M.
wishes to know why he can’t maintain a fixed exchange rate with the
United States and at the same time reducing interest rates in
Australia to fight a recession.
Explain why the P.M. can’t have both a fixed exchange rate an
independent interest rate policy at the same time. (Use either
uncovered interest parity or an FX market graph in...
imagine you are the prime minister of india ,will you introduce
more high technology such as robots, artificial intelliegence and
more to boost economic growth? discuss the positive and negative
impact on unemployment , inflation and iverall economic growth with
good examples ?
The Australian Prime Minister recently announced measure to
help the economy from the Covid19 pandemic. The Australian
government have introduced a financial grant for people to build
their first home. The grant is worth $25,000. The owners must live
in the house once its completed, and they must use local workers to
build the house. How do you think this will help the Australian
economy? Be specific, and provide examples in your answer.Consider an economy. The growth rate of nominal...