Four hundred draws are made at random with replacement from a box of numbered tickets; 195 are positive. Someone tells you that 50% of the tickets in the box show positive numbers. Do you believe it? Answer yes or no, and explain.
Yes
Number of tickets, n = 400
P( a ticket is positive), p = 0.5
q = 1 - p = 0.5
If 50% of tickets are positive, mean number of positive tickets = np
= 400 x 0.5
= 200
Standard deviation =
=
= 10
If a value is within 2 standard deviations of mean, it can be considered as a usual event. Here, the range of number of tickets that can be considered casual = 200 2x10 = 180 to 220
Number of positive tickets = 195, which is within the usual range. So, we can believe the claim that 50% of the tickets in the box show positive numbers.
Get Answers For Free
Most questions answered within 1 hours.