Question

Estimate, with 95% confidence, the percent of all end-users in South America in 2014 that were...

  1. Estimate, with 95% confidence, the percent of all end-users in South America in 2014 that were not dissatisfied  i.e. they responded with 3, 4, or 5 ?  Clearly interpret your interval.
South America
year / Score 0 1 2 3 4 5

Total

2010 1 2 5 18 36 38 100
2011 1 3 6 17 36 37 100
2012 0 2 6 19 37 36 100
2013 0 2 5 20 37 36 100
2014 0 2 5 19 37 37 100

Thank you,

Homework Answers

Answer #1

The data is:

19, 37 & 37

Mean of the data =

The standard deviation of the data =

The critical t-value for and df = 2 is 4.30

The 95% confidence interval is:

= 31 4.30*

= 5.184, 56.816

The 95% confidence interval of the percent of all end-users in South America in 2014 that were not dissatisfied is between 5.184 and 56.816.

We are 95% confident that the percent of all end-users in South America in 2014 that were not dissatisfied is between 5.184 and 56.816.

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
Calculate the annual dividend growth rate for the last 10 years. Kindly provide excel formulas. Based...
Calculate the annual dividend growth rate for the last 10 years. Kindly provide excel formulas. Based on the annual dividend growth rate for data provided, will you forecast a constant or non-constant growth in dividends? Please explain. Date Dividends 8/11/2010 0.303 12/8/2010 0.303 3/9/2011 0.365 5/11/2011 0.365 8/10/2011 0.365 12/7/2011 0.365 3/8/2012 0.398 5/9/2012 0.398 8/8/2012 0.398 12/5/2012 0.398 3/8/2013 0.47 5/8/2013 0.47 8/7/2013 0.47 12/4/2013 0.47 3/7/2014 0.48 5/7/2014 0.48 8/6/2014 0.48 12/3/2014 0.48 3/11/2015 0.49 5/6/2015 0.49 8/5/2015...
Compare the standard deviation in winning margin for years 2013 and 2014 for women. Perform an...
Compare the standard deviation in winning margin for years 2013 and 2014 for women. Perform an F-test for equality of variances. Compare mean winning margins for years 2013 and 2014 for women. Perform a t-test for equality of means. 2013 Winning Margin 42 16 25 34 5 17 5 21 16 8 12 20 4 30 1 14 33 16 15 22 14 26 17 16 68 6 8 20 13 5 6 20 2014 Winning Margin 43 10 15...
3 questions question 1 GDP per capita is: Multiple Choice highly correlated with quality of life....
3 questions question 1 GDP per capita is: Multiple Choice highly correlated with quality of life. loosely correlated with quality of life. perfectly correlated with quality of life. negatively correlated with quality of life. question 2 Suppose you are given the following annual deflator information for the US (https://fred.stlouisfed.org). Using the information from the table we can conclude that the year with the lowest price level was: Year Deflator 2008 99 2009 100 2010 101 2011 103 2012 105 2013...
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014....
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014. Year Period (t) Revenue ($ billions) 2009 1 23.7 2010 2 29.3 2011 3 38.0 2012 4 50.2 2013 5 59.7 2014 6 66.7 (a) Develop a linear trend equation for this time series to forecast revenue (in billions of dollars). (Round your numerical values to three decimal places.) Tt = (b)What is the average revenue increase per year (in billions of dollars) that...
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014....
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014. Year Period (t) Revenue ($ billions) 2009 1 23.8 2010 2 29.4 2011 3 37.9 2012 4 50.3 2013 5 59.9 2014 6 66.6 (b) Develop a linear trend equation for this time series to forecast revenue (in billions of dollars). (Round your numerical values to three decimal places.) Tt = 12.56+9.154t    (c) What is the average revenue increase per year (in billions...
Question 2 The following data are minimum and maximum temperature readings in Johannesburg on the 16th...
Question 2 The following data are minimum and maximum temperature readings in Johannesburg on the 16th of June over the years. Year max min Year max min Year max min 2009 18 19 2013 16 4 2017 20 7 2010 10 -2 2014 18 4 2018 17 8 2011 18 8 2015 20 4 2019 23 13 2012 15 4 2016 17 5 2020 12 6 Draw a time series graph in which you indicate both minimum and maximum temperatures...
year Cash flow(in billions) Net income ( in billions) 2012 1.5 1 2013 2.5 2 2014...
year Cash flow(in billions) Net income ( in billions) 2012 1.5 1 2013 2.5 2 2014 4 3 2015 5 2 2016 6 (includes 3.5b selling price) 1.5 Motorola Mobility LLC is a company that develops mobile devices. Headquartered in Chicago, Illinois, United States, the company was formed on January 4, 2011 by the split of Motorola Inc. into two separate companies; Motorola Mobility took on the company's consumer-oriented product lines, including its mobile phone business and its cable modems...
I would need a cash flow statement ONLY for the period ending December 31 2010 PLEASE!...
I would need a cash flow statement ONLY for the period ending December 31 2010 PLEASE! Income Statements $MM 2009 2010 2011 2012 2013 Revenue Cost of goods sold Gross profit 404 (188) 216 364 (174) 190 425 (206) 219 511 (247) 264 604 (293) 310 Sales Sales Administrations Depreciation EBIT (67) (61) (27) 61 (66) (59) (27) 38    (83) (59) (34) 42 (102) (66) (38) 58 (121) (79) (39) 71 Interest expenses Pre tax income Income tax Net...
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014....
The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014. Year Period (t) Revenue ($ billions) 2009 1 23.6 2010 2 29.3 2011 3 37.8 2012 4 50.2 2013 5 59.8 2014 6 66.6 (a) Construct a time series plot.    What type of pattern exists in the data? The time series plot shows an upward linear trend. The time series plot shows a downward curvilinear trend.      The time series plot shows an upward...
The length of a 95% confidence interval for mean Age is which of the following? (Because...
The length of a 95% confidence interval for mean Age is which of the following? (Because of potential roundoff, choose the closest.) Click here to reference the data needed to answer the question. a. 3.11 b. 3.37 c. 4.27 d. 3.72 Person Gender Married Age Children Salary Spent 1 Male No 28 1 48600 750 2 Male Yes 35 2 75500 1980 3 Female No 33 2 58900 1820 4 Female Yes 53 1 92200 990 5 Female No 49...