19A telecommunications company wants to estimate the proportion of households that would purchase an additional telephone line if it were made available at a substantially reduced installation cost. Data are collected from a random sample of 500 households. The results indicate that 160 of the households would purchase the additional telephone line at a reduced installation cost. Complete parts (a) and (b) below.
a. Construct a 99% confidence interval estimate for the population proportion of households that would purchase the additional telephone line.
__ is eqaul to or smaller than PIE is equal to or larger than __
b. How would the manager in charge of promotional programs concerning residential customers use the results in (a)?
A.
The manager can infer with 99% confidence that the population proportion of all households that would purchase an additional telephone line is somewhere in this interval.
B.
The manager can infer that 99% of households would purchase an additional telephone line.
C.
The manager can infer with 99% confidence that the proportion of households in the sample that would purchase an additional telephone line is somewhere in this interval.
D.
The manager can infer that the true population proportion of households that would purchase an additional telephone line is somewhere in this interval 99% of the time.
19A telecommunications company wants to estimate the proportion of households that would purchase an additional telephone...
Are you likely to purchase an item promoted by a celebrity on a social media site? According to a survey, 26% of social media users have made such a purchase Complete parts (a) through (d) below a Suppose that the survey had a sample size of n = 1000 Construct a 95% confidence n er a estima purchased an item promoted by a celebrity on a social media site. or the po a o opo on of soc al media...
14. A cellphone provider has the business objective of wanting to estimate the proportion of subscribers who would upgrade to a new cellphone with improved features if it were made available at a substantially reduced cost. Data are collected from a random sample of 500 subscribers. The results indicate that 130 of the subscribers would upgrade to a new cellphone at a reduced cost. Complete parts (a) and (b) below. a. Construct a 95% confidence interval estimate for the population...
b. How would the manager in charge of promotional programs concerning residential costumers use the results in a. STAT 206 Spring 2018 Ashwin Luther&3/18/18 3:30 AM ab Stati Homework: Homework8 - Sections 8.1-8.3 orses Score: 0 of 2 pts se Home 8.3.28-T 읊。 15 of 17 (8 complete) HW Score: 25%, 9 of 36 pts tions company wants to estimate the proportion of households that would purchase an aditional telephone line if it were made available at a -Question Help...
A market research company conducted a telephone survey of 195 Melbourne households to determine the proportion of households seeking to purchase a new car in the next two years. An interval estimate of 0.222 to 0.347 was calculated. Determine the level of confidence (answer as percentage correct to two decimal places).
A market research company conducted a telephone survey of 255 Melbourne households to determine the proportion of households seeking to purchase a new car in the next two years. An interval estimate of 0.151 to 0.289 was calculated. Determine the level of confidence (answer as percentage correct to two decimal places).
The Labor Bureau wants to estimate, at a 90% confidence level, the proportion of all households that receive welfare. The most conservative estimate of the sample size that would limit the margin of error to be within 0.034 of the population proportion is:
The Labor Bureau wants to estimate, at a 90% confidence level, the proportion of all households that receive welfare. The most conservative estimate of the sample size that would limit the margin of error to be within 0.034 of the population proportion is:
A) A certain region would like to estimate the proportion of voters who intend to participate in upcoming elections. A pilot sample of 25 voters found that 17 of them intended to vote in the election. Determine the additional number of voters that need to be sampled to construct a 95% interval with a margin of error equal to 0.06 to estimate the proportion. The region should sample ____ additional voters. B) Determine the sample size needed to construct a...
39. Telephone Households In 1920 only 35% of U.S. households had telephones, but that rate is now much higher. A recent survey of 4276 randomly selected households showed that 94% of them had telephones (based on data from the U.S. Census Bureau). Using those survey results, construct a 99% confidence interval estimate of the proportion of households with telephones. Given that the survey involves only 4276 households out of 115 million households, do we really have enough evidence to say...
A university would like to estimate the proportion of fans who purchase concessions at the first basketball game of the season. The basketball facility has a capacity of 3 comma 500 and is routinely sold out. It was discovered that a total of 290 fans out of a random sample of 500 purchased concessions during the game. Construct a 95% confidence interval to estimate the proportion of fans who purchased concessions during the game. The 95% confidence interval to estimate...