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Flura [38]
3 years ago
11

Chegg construct the 95% confidence interval for the difference between the positive rates of men and women.

Mathematics
1 answer:
Y_Kistochka [10]3 years ago
7 0

Complete Question

In a random sample of 700 men tested for the coronavirus, 63 were positive. Another independent random sample of 2950 women tested for the coronavirus resulted in 7 positive cases.Construct the 95% confidence interval for the difference between the positive rates of men and women

Answer:

The 95% confidence interval is  0.833<  p_1 - p_2 < 0.1059

Step-by-step explanation:

From the question we are told that

   The sample size of men  is  n_1  =  700

   The number men that tested positive is   x_1 = 63

    The sample size of women is n_2  =  2950

    The number of women that tested positive is  x_2 = 7

From the question we are told the confidence level is  95% , hence the level of significance is    

      \alpha = (100 - 95 ) \%

=>   \alpha = 0.05

Generally from the normal distribution table the critical value  of  \frac{\alpha }{2} is  

   Z_{\frac{\alpha }{2} } =  1.96

Generally the proportion of men that tested positive is mathematically represented as

        \^ p_1 = \frac{ x_1 }{n_1}

=>    \^ p_1 = \frac{ 68 }{700}

=>    \^ p_1 = 0.097

Generally the proportion of women that tested positive is mathematically represented as

        \^ p_2 = \frac{ x_2 }{n_2}

=>    \^ p_2 = \frac{ 7 }{2950}

=>    \^ p_2 = 0.00237

Generally the pooled population proportion is mathematically represented as

         \^ p = \frac{x_1 + x_2 }{ n_1 + n_2}

=>       \^ p = \frac{ 63  + 7 }{  700 + 2950}

=>      \^ p =  0.0192

Generally the standard error is mathematically represented as

     SE  = \sqrt{\^ p (1- \^ p ) [ \frac{1}{n_1} + \frac{1}{n_2}  ]}

=>   SE  = \sqrt{ 0.0192(1- 0.0192 ) [ \frac{1}{700} + \frac{1}{2950}  ]}

=>   SE  = 0.00577

Generally the margin of  error is mathematically represented as

    E = Z_{\frac{\alpha }{2} }  * SE

=> E = 1.96   * 0.00577

=> E = 0.0113

Generally 95% confidence interval is mathematically represented as  

      (\^ p_1 - \^ p_2 )-E <  p_1 - p_2  < \^( p_1 - \^ p_2) + E

=>   (0.097 - 0.00237 )-0.0113<  p_1 - p_2 < (0.097 - 0.00237 )+ 0.0113

=>   0.833<  p_1 - p_2 < 0.1059

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Answer:

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Part 2) y=100x+300

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Step-by-step explanation:

Part 1) What type of equation models John’s situation?

Let

y ----> the total money saved in a jar

x ---> the time in months

The linear equation in slope intercept form

y=mx+b

The slope is equal to

m=\$100\ per\ month

The y-intercept or initial value is

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y=100x+300

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Part 2) Write the model equation for John’s situation

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see part 1)

Part 3) How much money will John have after 10 years?

Remember that

1 year is equal to 12 months

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10 years=10(12)=120 months

For x=120 months

substitute in the linear equation

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Part 4) What type of exponential model is Sally’s situation?

we know that    

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

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t is Number of Time Periods  

n is the number of times interest is compounded per year

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Part 5) Write the model equation for Sally’s situation

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A=6,000(1.07)^{10}=\$11,802.91  

Part 7) What type of exponential model is Natalie’s situation?

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The formula to calculate continuously compounded interest is equal to

A=P(e)^{rt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest in decimal  

t is Number of Time Periods  

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we have  

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Part 10) Who will have the most money after 10 years?

Compare the final investment after 10 years of John, Sally, and Natalie

Natalie has the most money after 10 years

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