Find a value of the sample size n

Assignment Help Basic Statistics
Reference no: EM131430804

Sports and Leisure

The Hotel Association of Canada reported that, because of the high cost of airline tickets and gasoline, more people are taking a staycation, a vacation close to their hometown. According to a survey, 31% of travelers stayed in a hotel near home, visited local attractions, restaurants, and shopped.32 Suppose 250 Canadians planning to take a vacation are selected at random and asked whether they will take a staycation.

a. What is the probability that the sample proportion who will take a staycation is between 0.30 and 0.35?

b. What is the probability that the sample proportion is more than 0.37?

c. Find a value of the sample size n such that the probability that the sample proportion is less than 0.40 is 0.95.

Reference no: EM131430804

Questions Cloud

What is accomplished by making an employer liable for action : What is accomplished by making an employer liable for the actions of their employees if the employer has done everything within reason to make sure that its employees are qualified and trained to do their jobs safely?
Write and submit your poem : Analyze your own work. Tell me about the message you conveyed, the literary theme, and any literary devices used. This analysis needs to be a complete paragraph
What is the current stock price : You are provided with the following options quote from CBOE: What is the current stock price? What is the immediate payoff if the $31 strike, October Call Option is exercised right now? What is the immediate payoff if the $31 strike, October Put Opti..
Research and discuss the basic theories of motivation : Choose an article from EBSCOhost that relates to at least one of the learning objectives found in the Getting Started - This Week's Activities folder for this week. You must summarize the article, and explain the connection between the article an..
Find a value of the sample size n : What is the probability that the sample proportion is more than 0.37?- Find a value of the sample size n such that the probability that the sample proportion is less than 0.40 is 0.95.
Draw the corresponding supply and demand curves : Given the original demand for Z, if the supply of Z was increased by 15 units at every price, what would be the new equilibrium price and quantity traded?
Find probability distribution of sample mean number of ounce : Suppose the filling machine operator can fine-tune the process by controlling the standard deviation of the fill. Find a value for s such that the probability that the sample mean is more than 8.05 ounces is 0.05.
Examine a time when you were involved in decision making : Examine a time when you were involved in decision making that went awry as a result of protocols, social norms, or persuasive techniques. If you do not want to use an example from your business or personal experience.
What kind of organization would you like to work for : What kind of organization would you like to work for? What would be the best? What would be most realistic? Is the Sarbanes-Oxley Act too strict, not strict enough, or just right? Explain.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Standardized test for female college-bound high school

According to thedata, the mean quantitative score on a standardized test for female college-bound high school seniors was 500500. The scores are approximately Normally distributed with a population standard deviation of 100100.

  In the following probability distribution in table form the

in the following probability distribution in table form the discrete random variable x represents the number of

  Probability that someone with lung condition was a smoker

Lungs and smoke, again. Based on the statistics in given Exercise, what's the probability that someone with the lung condition was a smoker?

  Determine the cost to inspect each unit

Defects will go into product assembly and will have to be replaced later at a cost of $10 each when they are detected in finnal product testing.

  In what ways college indebted to the medieval university

Would you prefer to have your college or university run on the order of the medieval University of Bologna? Why or why not? In what ways is your college or university indebted to the medieval university?

  Perform the appropriate hypothesis test

An employer is involved in a lawsuit concerning work discrimination.- Does it appear that the employer favors some ethnicities over others when considering candidates for promotion?

  Hypothesis testing for red blood cell volume

Medical Red Blood Cell Volume. Total blood volume (in ml) per body weight (in kg) is important in medical research. For healthy adults, the red blood cell volume mean is about = 28ml/kg.

  Fail to reject the null hypothsis

The test statistics in a right tailed test is z= 2.50. Also use a .05 significance level and state the conclusion about the null hypothesis (reject null hypothesis or fail to reject the null hypothsis)

  What are my chances of losing half my bank

I could reach my target of 2800 at each of the 5 bookies, making my total profit for the month 14000, or hit my target of -12000 for a total loss of 60000 x 25% kickback, making the total loss for the month only 45000.

  Give a managerial interpretation for coefficients 3 and .9

Since 13.2 is greater than. 9 can you conclude the PE ratio has a stronger relationship to dividends than future growth? If not, what would you need to know to conclude which variable has a stronger relationship to the P E ratio? Briefly explain.

  Calculate the proportion defective in each sample

To construct a p-chart for a manufacturing process, 25 samples of size 200 were drawn from the process. The number of defectives in each sample is listed below

  Eating habits scores and probability

A sports researcher gave a standard written test of eating habits to 12 randomly selected professionals, four each from baseball, football, and basketball. The results were as follows:

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