What is the minimum sample size required in order to

Assignment Help Basic Statistics
Reference no: EM13579410

An economist states that 10% of Springfield's labor force is unemployed. A random sample of 400 people in the labor force is obtained, of whom 28 are unemployed.

What is the minimum sample size required in order to estimate the unemployment rate in Springfield to within 1% with 90% confidence?

Reference no: EM13579410

Questions Cloud

A flower shop makes a large sale for 1000 on november 30 : a flower shop makes a large sale for 1000 on november 30. the customer is sent a statement on december 5 and a check is
Allister company has a number of potential capital : allister company has a number of potential capital investments. because these projects vary in nature initial
Shinobi inc had a manufacturing plant in darfur which was : shinobi inc. had a manufacturing plant in darfur which was destroyed in the civil war. it is not certain who will
In peachtree you have to add a customer in order to record : in peachtree you have to add a customer in order to record a sale. why? what would be key controls in peachtree that
What is the minimum sample size required in order to : an economist states that 10 of springfields labor force is unemployed. a random sample of 400 people in the labor
There are 62 data values altogether the degrees of freedom : a researcher is comparing 6 groups to test if they have the same means. there are 62 data values altogether. the
The companys lawyers insist that no more than 2 of the : a companys manufacturing process uses 500 gallons of water at a time. a scrubbing machine then removes most of a
Fnd the critical values of r given the number of pairs of : suppose you will perform a test to determine whether there is sufficient evidence to support a claim of a linear
Use a 05 and test to determine whether the loan approval : a lending institution supplied the following data on loan approvals by four loan officers. use a 0.5 and test to

Reviews

Write a Review

Basic Statistics Questions & Answers

  A random sample of 25 households finds that an average of 2

A random sample of 25 households finds that an average of 2.3 people reside in each house (the standard deviation is 0.35). With a 95% confidence level, what is your estimation of the population average?

  Binomial distribution for republican party

The Republican party is interested in studying the number of Republicans that might vote in a particular Congressional district. Assume that the number of voters is binomially distributed by party affiliation (either Republican or not Republican).

  Confidence interval for the differnce in means

The average age of the women was 45.582 with a standard deviation of 5.143. He uses this information to calculate a 95% confidence interval for the differnce in means, (-11.41, -5.422). The best interpretation of this interval is which of the foll..

  T-test for independent means

Explain your answer to someone who is familiar with the  t   test for a single sample, but not with the  t   test for independent means.

  Compute the value of test statistic

A particular candidate claims she has the support of at least 60% of the voters in her district. A random sample of 150 voters yields 87 who support her. The candidate wishes to test her claim at the 0.05 level of significance.

  For a standard normal probability distribution find the

for a standard normal probability distribution find the percentage of data that area within 1 standard deviation of the

  Computing critical region and critical values for z

Determine the critical region and critical values for z that would be used to test the null hypothesis at the given level of significance, as described in each of the following:

  Steps of hypothesis testing

Explain your answer to someone who is familiar with the T test for a single sample, but not with the T test independent means.

  Normal distribution with mean meter and standard deviation

The height of a tree will be measured using a clinometer. For this device, the measurement error has a normal distribution with mean meter and standard deviation . If the tree is exactly 35 meters tall, what is the probability that the clinometer ..

  Probability-household has fax machine and personal computer

Suppose 91% of all Australian households having a fax machine have a personal computer. A Australian household is randomly selected. What is the probability that the household has a fax machine and a personal computer?

  Problem related to illegal drug to enhance performance

It is estimated that 2% of the athletes competing in a large tournament are users of an illegal drug to enhance performance. The test for this drug is 95% accurate. What is the probability that an athlete who tests positive is actually a user?

  Statistic-critical value and p value

Suppose a study is constructed to test a claim, at a 0.05 signifigance level that a population proportion is 40%. A simple random sample of 750 subjects has a proportion of 42%.

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