Assuming both katrina and matthew obtained the same point

Assignment Help Mathematics
Reference no: EM131067949

Katrina wants to estimate the proportion of adults who read at least 10 books last year. To do? so, she obtains a simple random sample of 100 adults and constructs a?95% confidence interval. Matthew also wants to estimate the proportion of adults who read at least 10 books last year. He obtains a simple random sample of 400 adults and constructs a? 99% confidence interval. Assuming both Katrina and Matthew obtained the same point? estimate, whose estimate will have the smaller margin of?error? Justify your answer.

Reference no: EM131067949

Questions Cloud

Estimate the amount that went to colorado : Estimate the amount that went to Colorado.
Discuss the different dimensions of risk in the context : Define and discuss the different dimensions (or aspects) of risk in the context of corporate projects. Which is the most relevant for investors? Of these dimensions, which is the company most likely to focus on and why?
Problem regarding the triple constraint : What is meant by the term the triple constraint? What are the three elements of the triple constraint and why is an understanding of their relative weight important in exercising control over a project?
Would you be more likely to invest in a level load : Would you be more likely to invest in a level load, front end, or back end load fund? Why? Do you believe the fees in active management are worth it in certain circumstances? Describe when
Assuming both katrina and matthew obtained the same point : Assuming both Katrina and Matthew obtained the same point?
What is meant by treating patients justly : What is meant by treating patients justly versus promoting a just distribution? How does this relate to equitable access to all? Should access be equitable to all? Why or why not?
The equipment would be sold for an after-tax cash flow : Litchfield Design is evaluating a 3-year project that would involve buying a new piece of equipment for 340,000 dollars today. The equipment would be depreciated straight-line to 20,000 dollars over 2 years. In 3 years, the equipment would be sold fo..
Active attacks against wireless local area networks : 1. What is a softphone? 2. List four typical active attacks against Wireless Local Area Networks (WLAN). Briefly describe each one. 3. What are some of the security concerns in the Internet Control Management Protocol (ICMP)?
Purchase price with conventional fixed-rate mortgage : You are contemplating the purchase of an office building. Net operating income for the first year is expected to be $300,000 and increase by the projected inflation of 2% over the next five years. you plan to borrow 70% of the purchase price with a c..

Reviews

Write a Review

Mathematics Questions & Answers

  Find the length and width of a rectangle with the area

find the length and width of a rectangle with the area of 72yd^2

  A garden shop wishes to prepare a supply of special

a garden shop wishes to prepare a supply of special fertilizer at a minimal cost by mixing two fertilizers a and b. the

  Sketch a graph of the solid that is produced by revolving

Sketch a graph of the solid that is produced by revolving the region enclosed by the graphs about the x-axis. Set up the integral that will give you the volume of the sold.

  Linear systems is consistent

1. Use Gaussian elimination to determine if each of the following linear systems is consistent. Then use Gauss-Jordan elimination to solve the consistent linear systems. Use Notion 1.4.9 to denote the elementary row operations that you used for ea..

  Write a 90% confidence interval for the mean daily income

The consultant who advised the city on this project predicted the parking revues would average $130 per day. Based on your confidence interval, do you think the consultant was correct? Why?

  A rectangle has an area of 72 square meters and a side

a rectangle has an area of 72 square meters and a side length of 9 meters. what is the perimeter of the

  Express the area of the rectangle as a function

Susan has 400 yards of fencing and wishes to enclose a rectangular area. Express the area of the rectangle as a function of the width of the rectangle.

  Present rationale behind each item and why it supports

your company is thinking about acquiring another corporation. you have two choices-the cost of each choice is 250000.

  What are instance of variables that follow a binomial

What are examples of variables that follow a binomial probability distribution? What are examples of variables that follow a Poisson distribution?

  Computing complex numbers

Write the expression in the standard form a + b i. First convert to rectangular form--- calculate the magnitude-- find reference angle--then the argument of z---

  How many girls are in a group that has 16 boys

A grade has 81 girls and 72 boys. The grade split into groups that have the same ratio of girls to boys as the whole grade. How many girls are in a group that has 16 boys

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd