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Mrs. Maria Wilson considers the possibility of running for mayor of the city of Bear Gulch. A sample of 400 voters reveals that 300 would support her in the elections of November.
a) Calculate the value of the proportion of the population.
b) Calculate the standard error of the proportion.
c) Develop a confidence interval of 99% for the population proportion.
d) Interpret or explain your findings or results.
The margin of error for a 95% confidence interval estimate for the proportion of all students with cell phones is
Given that P (A) = 0.7, P (B) = 0.5, and P (A B) = 0.8. Find the following probabilities:
Let 3 trails (they may not be independent), each of which is either success or not. Let X denotes number of successes. Assume E[X] = 1.8. Determine the largest possible value of P(X=3)?
Find out the probability that the return for common stocks will be more than 0%.
Dividend is expected to grow 7% a year for next 3 years and then at 5% a year after that. Determine the expected dividend per share for each of the next five years?
To find out the prior probability, conditional probability and posterior probability. Calculate the posterior probability that the bid will be successful given a request for additional information.
What is the P-value of the test, assume the standard deviation is 3 years, a 95% confidence interval for the average time
Can we conclude there is a difference in mean number of surgeries performed by hospital or by day of week?
In what height interval must the company expect to determine middle 70% of kindergarteners?
Explain a Type I error for this situation. Explain a Type II error for this situation.
Calculate an 85% confidence interval for the population mean number of wolf pups per den at southwestern United States (US).
To determine monthly rental prices of apartment units in San Francisco Bay area, samples were constructed in the following ways. Identify the technique used to produce each sample.
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