What confidence level did the pollsters use

Assignment Help Basic Statistics
Reference no: EM131419915

A TV news reporter says that a proposed constitutional amendment is likely to win approval in the upcoming election because a poll of 1505 likely voters indicated that 52% would vote in favor. The reporter goes on to say that the margin of error for this poll was 3%.

a) Explain why the poll is actually inconclusive.

b) What confidence level did the pollsters use?

Reference no: EM131419915

Questions Cloud

Write the null and alternative hypotheses you use to test : Write the null and alternative hypotheses you would use to test each of the following situations:- A governor is concerned about his negatives the percentage of state residents who express disapproval of his job performance.
How do their roles differ in the labor relations process : Outline the difference in responsibilities of a local union representative, a shop steward, and an international or national union representative.How do their roles differ in the labor relations process?
Analyze how incentives influence your daily decisions : Explain the concept of opportunity cost in decisions that you have to make. Analyze how incentives influence your daily decisions. Explain how scarcity is determined in our economy.
What will its dividend payout ratio be this year : The company follows the residual dividend policy when paying dividends. Open Door has deter-mined that it needs a total of $120,000 for investment in capital budgeting projects this year.
What confidence level did the pollsters use : The reporter goes on to say that the margin of error for this poll was 3%.- Explain why the poll is actually inconclusive.- What confidence level did the pollsters use?
Discuss about the performance management methods : Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product of service, as well as many other areas. It should be noted that performance appraisals methods are not a one-..
Describe the cash conversion cycle : Describe some measures a firm can take to decrease its cash conversion cycle. Can the cash conversion cycle be negative? Explain.
What do you understand by the term team process : What do you understand by the term team process? Write a 3+ page, double-spaced paper, describing the five stages of team development.
Explain strategic planning for mergers and acquisitions : Strategic planning for mergers and acquisitions. Deciding to acquire a company or compete with it. Deciding to supplement consulting staff by outsourcing. Using training to develop employee skill.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Test claim that proportion of consumers ages in range

Make a purchase using the internet. Test the claim that the proportion of consumers ages 35-44 who plan to make purchases using the internet has increased at α = 0.01.

  What general conclusion would you make about mutually

assume that we have two events a and b that are mutually exclusive. assume further that we know pa .30 and pb .40.a.

  Determining the difference in sales

John and Mario of Mi Casa Front Porch Restaurant wanted to identify if there was a difference in sales between their newest locations, North Scottsdale and Glendale since they spend most of their time at the original location.

  Decision theory-minimax and maximax principle

Decision making under risk is the same as decision making under uncertainty because in both the probabilities are unknown.

  How many test days do you need to obtain

Based on that data: (1) you are willing to assume that the standard deviation of the difference in means is 1.5°F, and (2) you anticipate that the average temperature in New York tends to be 3°F lower than the corresponding tem- perature in Washi..

  What is the p-value for the hypothesis test

State the hypotheses that can be used to determine whether the population proportions of delayed departures differ at these two airports and what is the point estimate of the proportion of flights that have delayed departures atChicago O'Hare?

  Increases expected number of credits by regression equation

Regression equation Credits=15.4-.07. Select the correct statement. Increase in number of hours worked per week increases the expected number of credits.

  In what proportion of the time will the goal be met

Assuming normality of distribution of yield rates, if senior management has set a goal of 9% for yield, what is the lower capability index? In what proportion of the time will the goal be met?

  Define the measurement scale for each variable

Develop one research question from which you will formulate a research hypothesis - prepare a two to four page paper describing the results of a hypothesis test of one or two population means or population proportions.

  Determining test value using degrees of freedom

In comparing two variances below, determine test value and what are degrees of freedom that must be used?

  Suppose now david has 5 contracts and now the probability

question david is an insurance broker who believes that the probability of making a sale is 0.3.a find the mean and

  Breathing capacities of individuals

Suppose the following statement is made in a statistical summary: "A comparison of breathing capacities of individuals in households with low nitrogen dioxide levels and individuals in house- holds with high nitrogen dioxide levels indicated that ..

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