7. Write an inequality that matches the graph shown.
1 answer:
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Answer:
A sample size of 345 is needed so that the confidence interval will have a margin of error of 0.07
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
The margin of error of the interval is given by:
In this problem, we have that:
99.5% confidence level
So , z is the value of Z that has a pvalue of
, so
.
Using this estimate, what sample size is needed so that the confidence interval will have a margin of error of 0.07?
This is n when M = 0.07. So
A sample size of 345 is needed so that the confidence interval will have a margin of error of 0.07
Answer: 0.2401
Step-by-step explanation:
The binomial distribution formula is given by :-
where P(x) is the probability of x successes out of n trials, p is the probability of success on a particular trial.
Given : The probability that a randomly chosen citizen-entity of Cygnus is of pension age† is approximately: p =0.7.
Number of trials : n= 4
Now, the required probability will be :
Thus, the probability that, in a randomly selected sample of four citizen-entities, all of them are of pension age =0.2401