Conclusion to sara without using any statistical jargon

Assignment Help Business Management
Reference no: EM131000767

Suppose that there are two (2) candidates (i.e., Jones and Johns) in the upcoming presidential election. Sara notes that she has discussed the presidential election candidates with 15 friends, and 10 said that they are voting for candidate Jones. Sara is therefore convinced that candidate Jones will win the election because Jones gets more than 50% of votes.

Answer the following questions in the space provided below:

Based on what you now know about statistical inference, is Sara's conclusion a logical conclusion? Why or why not?

How many friend samples Sara should have in order to draw the conclusion with 95% confidence interval? Why?

How would you explain your conclusion to Sara without using any statistical jargon? Why?

Reference no: EM131000767

Questions Cloud

How much energy does the launch require : A photon torpedo is launched at 500 m/s. The mass of the torpedo is 150 kg but it can only have a maximum acceleration of 2.2 x 10^4 m/s^2 without breaking during launch. What is the shortest distance the launch tube can be to launch the torpedo? ..
How sales more successful in classical leadership : Utilizing the classical leadership theories how a sales team more successful
Calculate angle at which the scattered photons are directed : If a photon undergoes Compton scattering and experiences a fractional wavelength change of +7.25%, calculate the angle at which the scattered photons are directed if the original photons have a wavelength of 0.00335 nm. (The photons are scattered ..
Probability of a certain specialty pump : A pump manufacturer knows from past records that, in general, the probability of a certain specialty pump working continuously for fewer than 2 years is 0.3; the probability that it will work continuously for 2 to 5 years is 0.5, and the probabili..
Conclusion to sara without using any statistical jargon : How would you explain your conclusion to Sara without using any statistical jargon? Why?
Find the location of the minimum spot : For the following resonator (all mirrors are flat), find the location of the minimum spot, the size of the minimum spot and the resonance frequencies.
Determine the correct inventory amount to be reported : Goods shipped from Kwok to a customer f.o.b. shipping point on December 28, 2011, were received by the customer on January 4, 2012. The sales price was $25,000 and the merchandise cost $12,000.
Who is at risk for contracting ebola : For your second post follow the link "Latest CDC Outbreak Information" on the webpage http://www.cdc.gov/vhf/ebola/index.html by clicking it on the right-hand side of the page. Report your findings and your reaction. Include some comparisons of ..
The merchandise is not included in the preliminary inventory : At year-end, Raymond had merchandise costing $15,000 on consignment with the Joclyn Corporation. The merchandise is not included in the preliminary inventory balance.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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