Confidence interval and hypothesis testing for proportion

Reference no: EM1321836

A politician is considering supporting a new policy but will only do so if it is popular with more than 60 percent of the electorate. A survey of the electorate is conducted, with 1200 individuals sampled, of which 750 supported the new policy.

Required:

1. Estimate the 95% confidence interval for the proportion of the electorate that support this policy.

2. Given the politician requirement to support the policy, use a 5% significance test to demonstrate whether or not he/she should support it.

Reference no: EM1321836

Questions Cloud

Elucidate how do you compute the effective price reduction : Elucidate how do you compute the effective price reduction resulting from a coupon promotion.

Calculate the percentage of students who score less than 700 : Calculate the percentage of students who score less than 700

Confidence interval for mean using normal distribution : If the population mean was $1047 in the previous year, does the evidence suggest that expenditure this year has significantly changed?

Implementing the soubly linked list adt : Develop, implement, and test the soubly linked list ADT, utilizing the DLLNode objects as the nodes. Additionally to our standard list operations, your class must offer for backward iteration through the list.

Confidence interval and hypothesis testing for proportion : Estimate the 95% confidence interval for the proportion of the electorate that support this policy.

Describing the business also include a plot of the price : Generally describing the business also include a plot of the Price also Quantity data that you obtained.

Freight transportation services : Now, tow freight companies, one from State D (a WTO member state) and one from State E (a party to both the WTO and NAFTA), wish to provide overland freight transportation services in State C using trucks operating out of terminals in State D and ..

The sampling distributions of a sample statistic : The sampling distributions of a sample statistic

Determining cheapest way of manufacturing item : Find out the cheapest way of manufacturing today's batch of NasaMist.

User Account

All Pages