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An exit survey of 500 voters revealed that 210 of them favor a particular referendum issue.
i. Find the 90%, 95% and 99% confidence intervals for the proportion of all voters who favor the issue.
ii. How many more voters should we include in the sample if we need to reduce the margin of error by half?
Determining probability values using the Binomial distribution.Use the Binomial distribution to determine the probability that four or more of the contracts are in breach of the tendering guidelines.
Polls showed the two main candidates in 2004 presidential election were nearly tied on the day before the election. To predict the winner a newspaper would like to have a poll that has a margin of error of less than 1%.
Find the probability that a random sample of 4 male Siberian tigers will have a sample mean weight more than 450 lb.
Conduct a test to determine whether blood lactate level (y) is linearly related to perceived recovery (x). Use alpha = .05. Find the p-value for testing the hypotheses you gave in the previous problem. Show all decimal places in your answer.
By using a level of significance of .10, is there evidence that the population mean weight of the candy bars is greater than 4.3?
Cores on two tests have a bivariate normal distribution; and that correlation of 2 scores is 0.8. Determine the probability that sum of the student's scores on 2 tests will be greater than 200?
The average score of all pro golfers for a particular course has a mean of 70 and a standard deviation of 3.0. Assume 36 golfers played the course today. Find the probability that the average score of the 36 golfers exceeded 71.
If a time series is stationary without a linear trend or the seasonal component, which of the following forecasting methods may be suitable.
Determine fraction of employees cost between $1,500 and $2,000 per year?
Compute the sample variance and the sample standard deviation for these data (to 2 decimals).
If probability of drawing a face card is 0.625. Determine the probability of not drawing a face card.
What was the cost for the 10 percent of employees who incurred the highest dental expense?
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