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strojnjashka [21]
2 years ago
9

A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typical person watches televisi

on. Results from the Sullivan Statistics Survey I indicate that s = 7.5 hours.
(a) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 95% confidence?


(b) How many people are needed to estimate the number of hours people watch television per week within 1 hour with 95% confidence?


(c) What effects does doubling the required accuracy have on the sample size?


(d) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 90% confidence? Compare this result to part (a). How does decreasing the level of confidence in the estimate affect sample size? Why is this reasonable?
Business
1 answer:
GarryVolchara [31]2 years ago
4 0

Answer:

A.) 54 subjects

B.) 216 subjects

C.) doubling the accuracy results in 4 times the sample size

D.) 38 subjects

Decreasing confidence level decreases sample size. For fixed error margin, the lower the confidence level, the lower the sample size

Explanation:

Standard deviation (s) = 7.5 hours

A.)

Error margin 'E' = 2

Confidence level = 0.95

α = 1 - 0.95 = 0.05, α/2 = 0.025

Z - value at α/2 = 0.025 = 1.96

Sample size = [(1.96 × 7.5)/2]^2

Sample size = 7.35^2 = 54.022

54 subjects

B.) E = 1

Sample size = [(1.96 × 7.5)/1]^2

Sample size = 14.7^2 = 216.09

216 subjects

C.) from the above, doubling the accuracy results in 4 times the sample size.

D.) Using a confidence interval of 90%

Error margin 'E' = 2

Confidence level = 0.90

α = 1 - 0.90 = 0.1, α/2 = 0.05

Z - value at α/2 = 0.05 = 1.645

Sample size = [(1.645 × 7.5)/2]^2

Sample size = 6.16875^2 = 38.05

=38 subjects

Decreasing confidence level decreases sample size. For fixed error margin, the lower the confidence level, the lower the sample size

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Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0
2 years ago
The phrase leadership praise followers in public private is really a statement concerning what two important parts of communicat
taurus [48]

The phrase leader should praise followers in public and punish them in private is really a statement concerning what two important parts of communication?

Answer:

Encoding and Decoding

Explanation:

The two important parts of communication in this situation is known as Encoding and Decoding

Here the Encoding means that the sender that is leader, sends the message that is praise in the public, to an effect, that is using certain symbols including actions, words, etc, such that the receiver can quickly grab the message.

At the same time, with the Decoding, the receiver that is followers quickly understood the message, that is praise in the public or punishment in the private, in a way that the meaning of the message is not lost.

Hence, in this case, the correct answer is Encoding and Decoding.

4 0
2 years ago
)In six months, your company plans to issue a 1.5 year zero coupon bond with a face value of $500,000 to finance a small acquisi
pishuonlain [190]

Answer:

$441,495

Explanation:

Since the information is incomplete, I looked for the missing part and found the attached information.

the current yield of a 1.5 years zero coupon bond = (100 / 89.9)¹/¹°⁵ - 1 = 0.0736 = 7.36%

the current yield of a 6 months zero coupon bond = (100 / 97.087)¹/⁰°⁵ - 1 = 0.0609 = 6.09%

now to calculate the future interest rate:

(1.0736²/1.0609) - 1 = 0.0865 = 8.65%

since we are told to determine the price of the bond:

(100/P)¹/¹°⁵ - 1 = 0.0865

(100/P)¹/¹°⁵ = 1.0865

100/P = 1.0865¹°⁵

100/P = 1.1325

100/1.1325 = P

P = 88.299

the expected price of the bond = 88.299% x $500,000 = $441,495

8 0
3 years ago
I make $2,000/month. Of that the government takes $200 in taxes. Then I pay $1,000 for rent, $400 for food, and $200 in utilitie
Musya8 [376]

Answer:

My savings

Explanation:

Savings for a month is the amount left after deducting all my expenditure from my monthly income

Savings = income - total expenditure

income = $2,000

total expenditure = $200 + $1,000 + $400 + $200 = $1,800

Savings = $2,000 - $1,800 = $200

7 0
3 years ago
When dave, a restaurant owner, had his seafood business destroyed by hurricane katrina, he believed that he was in control of hi
Luden [163]

Dave is an individual with an <u>"Internal locus of control".</u>


Locus of control is a person's belief system with respect to the reasons for his or her encounters and the components to which that individual characteristics achievement or disappointment.  

In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.  

Psychological research has discovered that individuals with a more internal locus of control appear to be in an ideal situation, e.g. they have a tendency to be greater accomplishment situated and show signs of improvement paying employments.

7 0
3 years ago
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