1) Proponents of the latest Vermont gambling ballot initiative have conducted a poll to determine whether...

1) Proponents of the latest Vermont gambling ballot initiative have conducted a poll to determine whether their initiative is likely to pass? A random sample of 395 likely voters is selected and 46% indicate that they would vote in favor of casino gambling in the state.

a) Calculate the standard error of the proportion of sample voters favoring the initiative.

b) At an alpha of .01 (99% confidence level) do you conclude that the issue will pass or fail? Why?

c) At an alpha of .05 (95% confidence level) would you conclude that the issue will pass or fail? Why?

2) Calculate the appropriate standard error measurement for the situation below.

A sample of 440 book stores with mean daily sales of $8,800 and a standard deviation of $559.

Solutions

Expert Solution

a) The standard error of the proportion of sample voters favoring the initiative

2. The appropriate standard error

milcah answered 8 months ago

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