Given,
Proportion of cars that are SUVs, p= 0.40
Error of confidence interval, margin of error, E = 0.03
For 90% confidence interval, Z = 1.645
We know for margin of error for computing population proportion is given by
So, number of cars should you randomly sample ,
Answer : n = 722
Current Attempt in Progress Suppose you want to estimate the proportion of cars that are sport...
Suppose you want to estimate the proportion of cars that are sport utility vehicles (SUVs) being driven in Kansas City, Missouri, at rush hour by standing on the corner of I-70 and I-470 and counting SUVs. You believe the figure is no higher than 0.40. If you want the error of the confidence interval to be no greater than .03, how many cars should you randomly sample? Use a 90% level of confidence.
please answer questions 7,9,10 A certain small town has a population of 5000 residents. You want to calculate a confidence interval for the average number of gallons of gas bought per month by the residents of this town. You want to be 95% confident that the true value of the population mean is within your interval, and you need to have a margin of error no higher than 10 gallons per month. Based on your previous research in similar towns,...
A certain small town has a population of 5000 residents. You want to calculate a confidence interval for the average number of gallons of gas bought per month by the residents of this town. You want to be 95% confident that the true value of the population mean is within your interval, and you need to have a margin of error no higher than 10 gallons per month. Based on your previous research in similar towns, you believe that the...
A certain small town has a population of 5000 residents. You want to calculate a confidence interval for the average number of gallons of gas bought per month by the residents of this town. You want to be 95% confident that the true value of the population mean is within your interval, and you need to have a margin of error no higher than 10 gallons per month. Based on your previous research in similar towns, you believe that the...
Question 5 (1 point) Suppose you work for a marketing consulting firm and you are tasked to determine the proportion of Americans who respond positively to an ad your agency is testing for release. A survey is performed and you randomly select 134 respondents. You input your data into a statistical computing package (like Minitab) and you are given a 99% confidence interval of (0.3886 , 0.6114). You need to present these findings next departmental meeting. What is the correct...