Question

Define confidence interval and degree of confidence. Provide at least one example of a confidence interval...

Define confidence interval and degree of confidence. Provide at least one example of a confidence interval and interpret the result.

*Read the majority of posts from your classmates and choose two to respond to (with a minimum of 3 sentences each). Your response should be well thought out and further the discussion.

classmates discussion :

A confidence interval is a range of values between which the value of the population parameter is believed to be, along with the probability that the interval correctly estimates the true population parameter.

500 BC students are selected at random and asked "Do you think President Trump is doing a good job"? 346 said yes. The 95% confidence interval for the true proportion of ALL BC students who think President Trump is doing a good job is (.652, .732).

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Define confidence interval and degree of confidence. Provide at least one example of a confidence interval...
Define confidence interval and degree of confidence. Provide at least one example of a confidence interval and interpret the result.
In a poll to estimate presidential popularity, each person in a random sample of 1,230 voters...
In a poll to estimate presidential popularity, each person in a random sample of 1,230 voters was asked to agree with one of the following statements: The president is doing a good job. The president is doing a poor job. I have no opinion. A total of 675 respondents selected the first statement, indicating they thought the president was doing a good job. Construct a 99% confidence interval for the proportion of respondents who feel the president is doing a...
In a poll to estimate presidential popularity, each person in a random sample of 950 voters...
In a poll to estimate presidential popularity, each person in a random sample of 950 voters was asked to agree with one of the following statements: The president is doing a good job. The president is doing a poor job. I have no opinion. A total of 500 respondents selected the first statement, indicating they thought the president was doing a good job. Construct a 90% confidence interval for the proportion of respondents who feel the president is doing a...
In a poll to estimate presidential popularity, each person in a random sample of 990 voters...
In a poll to estimate presidential popularity, each person in a random sample of 990 voters was asked to agree with one of the following statements: 1. The president is doing a good job. 2. The president is doing a poor job. 3. I have no opinion. A total of 700 respondents selected the first statement, indicating they thought the president was doing a good job. a. Construct a 95% confidence interval for the proportion of respondents who feel the...
In a poll to estimate presidential popularity, each person in a random sample of 1,500 voters...
In a poll to estimate presidential popularity, each person in a random sample of 1,500 voters was asked to agree with one of the following statements: 1. The president is doing a good job. 2. The president is doing a poor job. 3. I have no opinion. A total of 690 respondents selected the first statement, indicating they thought the president was doing a good job. (a) Construct a 98% confidence interval for the proportion of respondents who feel the...
Write a confidence interval problem using the option below. Gather the appropriate data and post your...
Write a confidence interval problem using the option below. Gather the appropriate data and post your problem (without solution) in the discussion board. Once your initial post is complete, respond to your own post with the solution. Think about the population mean that you may be interested in and propose a confidence interval problem for this parameter. Estimate the population mean number of times that adults ate fast food each week. Data is after speaking to with 7 people I...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president...
QUESTION 1 1. Brianna is trying to increase her chances of being promoted to vice president by working to build good work relationships with other managers outside her own department. Brianna's behavior should be viewed as dysfunctional politics. functional politics. coercive power. functional influence. 2 points QUESTION 2 1. The Gingerbread Factory has a separate unit that makes their chocolate crunch cookies and another unit that is completely responsible for all operations in producing their ginger snap cookies. The Gingerbread...
The Business Case for Agility “The battle is not always to the strongest, nor the race...
The Business Case for Agility “The battle is not always to the strongest, nor the race to the swiftest, but that’s the way to bet ’em!”  —C. Morgan Cofer In This Chapter This chapter discusses the business case for Agility, presenting six benefits for teams and the enterprise. It also describes a financial model that shows why incremental development works. Takeaways Agility is not just about the team. There are product-management, project-management, and technical issues beyond the team’s control. Lean-Agile provides...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT