Is The Sample Size Large Enough To Compute A Confidence Interval For The Proportion Of Adults Ages 18 34 Who Are Dissatisfied With Their Job Group Of Answer Choices?

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Is the sample size large enough to compute a confidence interval for the proportion of adults ages 18-34 who are dissatisfied with their job? A recent study by Pew Research randomly sampled 456 working adults ages 18-34 and asked them if they were dissatisfied with their job. Of the adults sampled, 234 said “

yes

“.

How likely is it to observe a difference of 0.09 or more extreme if there is no difference in the mean GPA for male and female scholarship athletes?

How likely is it to observe a mean GPA difference of 0.09 if there is no difference in the mean GPA for male and female scholarship athletes? … If there is no difference in the mean GPA of male and female athletes, the probability of obtaining this difference (3.11 – 3.02 = 0.09) is

approximately 0.287

.

What is the 95% confidence interval estimate for the percent of all adults who want to lose weight?

†Based on this poll, the 95% confidence interval for the population proportion who want to lose weight is

(0.56, 0.62)

.

What would happen to the standard deviation of the sampling distribution of P̂ if samples of size 500 were taken instead of samples of size 100?

What would happen to the standard deviation of the sampling distribution of p̂ if samples of size 500 were taken instead of samples of size 100?

The standard deviation would decrease

. You just studied 91 terms!

Is the sample size large enough to compute a confidence interval for the proportion of adults ages 18 34 who are dissatisfied with their job?

Is the sample size large enough to compute a confidence interval for the proportion of adults ages 18-34 who are dissatisfied with their job? A recent study by Pew Research randomly sampled 456 working adults ages 18-34 and asked them if they were dissatisfied with their job. Of the adults sampled, 234 said “

yes

“.

Which of the following would produce the widest confidence interval?

Answer and Explanation:

The Z-score value increases with the increase in confidence level and hence, we can say that the highest confidence level among the given options

(i.e.d) 99%

) will yield the widest confidence interval.

What is the advantage of a histogram over a stem plot or dot plot?

What is an advantage of a histogram over a stemplot or dotplot? a.

Histograms work well for very large data sets

. The following three histograms all display the same data set.

How would the shape of a confidence change if the sample size has decreased?

If we decrease the sample size n to 25, we

increase the error bound

. Increasing the sample size causes the error bound to decrease, making the confidence interval narrower. Decreasing the sample size causes the error bound to increase, making the confidence interval wider.

How does the shape of the confidence interval change if the confidence level increases from 90 to 95?

3) a) A 90% Confidence Interval would be

narrower

than a 95% Confidence Interval. This occurs because the as the precision of the confidence interval increases (ie CI width decreasing), the reliability of an interval containing the actual mean decreases (less of a range to possibly cover the mean).

What does this margin of error account for?

The margin of error expresses

the amount of the random variation underlying a survey’s results

. This can be thought of as a measure of the variation one would see in reported percentages if the same poll were taken multiple times.

Is p-value the probability that the null hypothesis is true?

The p-value is

the probability that the null hypothesis is true

. … A low p-value shows that the effect is large or that the result is of major theoretical, clinical or practical importance. A non-significant result, leading us not to reject the null hypothesis, is evidence that the null hypothesis is true.

When our p-value is less than our level of significance α What can we conclude?

Using P values and Significance Levels Together

If your P value is less than or equal to your alpha level,

reject the null hypothesis

. The P value results are consistent with our graphical representation. The P value of 0.03112 is significant at the alpha level of 0.05 but not 0.01.

Is the level of significance or the probability of a Type I error?

The probability of making a type I error is

α

, which is the level of significance you set for your hypothesis test. An α of 0.05 indicates that you are willing to accept a 5% chance that you are wrong when you reject the null hypothesis.

How does sample size affect mean and standard deviation?

The population mean of the distribution of sample means is the same as the population mean of the distribution being sampled from. … Thus as the sample size increases,

the standard deviation of the means decreases

; and as the sample size decreases, the standard deviation of the sample means increases.

How will you describe the distribution as the value of the sample size n increases?

As sample sizes increase, the

sampling distributions approach a normal distribution

. With “infinite” numbers of successive random samples, the mean of the sampling distribution is equal to the population mean (μ).

How does mean change with sample size?

This fact holds especially true for sample sizes over 30. Therefore, as a

sample size increases

, the sample mean and standard deviation will be closer in value to the population mean μ and standard deviation σ .

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.