Please help with the question attached. I really need help! Thanks!
1 answer:
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Answer:
c 23 and 0.46 are statistics and 0.484 is a parameter
True. For this case the value 0.46 represent t statistic since from the sample obtained we can calculate the sample proportion of people who voted for Gore like this:
Where X represent the people with the characteristic desired in the random sample selected.
So then we can say that 23 and 0.46 represent statistics since comes from the sample. And the value 0.484 is obtained from the population so then represent a parameter.
Step-by-step explanation:
Previous concepts
A parameter is any "numerical quantity that characterizes a given population or some aspect of it". For this case we are interested on proportions and we denote the population proportion by
A statistic is "used to estimate the value of a population parameter". In other words is just an estimation of the population parameter of interest. Four our case the sample proportion denoted by represent the statistic for this case.
Solution for the problem
a 0.46 and 0.484 are statistics
False. 0.484 is not an statistic since it's the outcome from the original population and would represent the parameter "proportion of people who vote for Gore"
b 50 and 23 are statistics and 0.484 is a parameter
False. The sample size is not an statistic is just a value selected in order to calculate the statistic.
c 23 and 0.46 are statistics and 0.484 is a parameter
True. For this case the value 0.46 represent t statistic since from the sample obtained we can calculate the sample proportion of people who voted for Gore like this:
Where X represent the people with the characteristic desired in the random sample selected.
So then we can say that 23 and 0.46 represent statistics since comes from the sample. And the value 0.484 is obtained from the population so then represent a parameter.
Answer:
Step-by-step explanation:
We can plug this into a formula and get
the .9075 comes from 1 - the depreciation value of 9.25% which converts to .0925 in decimal form.
? is what we are trying to solve for.
We can divide both sides by 19,700 and we get
so ? is about 13.