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3 years ago

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Joe and his family are flying to Texas. Their plane flies 645 miles at 215 mph. How long does the trip take? Solve and explain

1 answer:

olya-2409 [2.1K]3 years ago

7 0

You can use the distance equation.. d = rt
d = distance = 645
r = rate = 215 mph
t = time = ???? find the time
645 = 215t
645/215 = 215t / 215
3 = t
t = 3
It took 3 hours

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A realtor makes a commission of $11,400 on a $190,000 house he sells. What is his commission rate?

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So bassically
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3 years ago

Standard Error from a Formula and a Bootstrap Distribution Sample A has a count of 30 successes with and Sample B has a count of

tia_tia [17]

Answer:

Using a formula, the standard error is: 0.052

Using bootstrap, the standard error is: 0.050

Comparison:

The calculated standard error using the formula is greater than the standard error using bootstrap

Step-by-step explanation:

Given

Sample A Sample B

$x_A = 30$ $x_B = 50$

$n_A = 100$ $n_B =250$

Solving (a): Standard error using formula

First, calculate the proportion of A

$p_A = \frac{x_A}{n_A}$

$p_A = \frac{30}{100}$

$p_A = 0.30$

The proportion of B

$p_B = \frac{x_B}{n_B}$

$p_B = \frac{50}{250}$

$p_B = 0.20$

The standard error is:

$SE_{p_A-p_B} = \sqrt{\frac{p_A * (1 - p_A)}{n_A} + \frac{p_A * (1 - p_B)}{n_B}}$

$SE_{p_A-p_B} = \sqrt{\frac{0.30 * (1 - 0.30)}{100} + \frac{0.20* (1 - 0.20)}{250}}$

$SE_{p_A-p_B} = \sqrt{\frac{0.30 * 0.70}{100} + \frac{0.20* 0.80}{250}}$

$SE_{p_A-p_B} = \sqrt{\frac{0.21}{100} + \frac{0.16}{250}}$

$SE_{p_A-p_B} = \sqrt{0.0021+ 0.00064}$

$SE_{p_A-p_B} = \sqrt{0.00274}$

$SE_{p_A-p_B} = 0.052$

Solving (a): Standard error using bootstrapping.

Following the below steps.

Open Statkey
Under Randomization Hypothesis Tests, select Test for Difference in Proportions
Click on Edit data, enter the appropriate data
Click on ok to generate samples
Click on Generate 1000 samples ---- <em>see attachment for the generated data</em>

From the randomization sample, we have:

Sample A Sample B

$x_A = 23$ $x_B = 57$

$n_A = 100$ $n_B =250$

$p_A = 0.230$ $p_A = 0.228$

So, we have:

$SE_{p_A-p_B} = \sqrt{\frac{p_A * (1 - p_A)}{n_A} + \frac{p_A * (1 - p_B)}{n_B}}$

$SE_{p_A-p_B} = \sqrt{\frac{0.23 * (1 - 0.23)}{100} + \frac{0.228* (1 - 0.228)}{250}}$

$SE_{p_A-p_B} = \sqrt{\frac{0.1771}{100} + \frac{0.176016}{250}}$

$SE_{p_A-p_B} = \sqrt{0.001771 + 0.000704064}$

$SE_{p_A-p_B} = \sqrt{0.002475064}$

$SE_{p_A-p_B} = 0.050$

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