100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MAT 232 Exam 3 100% Correct!!! $11.99   Add to cart

Exam (elaborations)

MAT 232 Exam 3 100% Correct!!!

 1 view  0 purchase
  • Course
  • MAT 232
  • Institution
  • MAT 232

MAT 232 Exam 3 100% Correct!!!...

Preview 2 out of 12  pages

  • November 14, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MAT 232
  • MAT 232
avatar-seller
Easton
MAT 232 Exam 3 100% Correct!!!


A newspaper provided a "snapshot" showing the results of a poll of 1910 professionals
who interview job applicants. The snapshot indicated that 26% of those surveyed
responded that the biggest interview turnoff is that the applicant did not make an effort
to learn about the job or the company. The margin of error was given as plus or minus 3
percentage points. What key characteristic of the poll was not given?

a. The confidence level

b. The point estimate

c. The sample size

d. The confidence interval

a. the confidence level



Poll This poll in says that "nearly four in ten professionals have high levels of stress".
The sample size is stated as 1910 professionals, the point estimate is stated as 26%, and
the confidence interval is stated as plus or minus 3 percentage points around the point
estimate. However, the confidence level is not given. Often it is 95%, but media reports
usually do not mention the confidence level.




A magazine given the results of a poll of 500 adults that were asked to name their
favorite type of pie. Of the 500 respondents, 12% selected chocolate pie, and the margin
of error was stated to be plus or minus5 percentage points. Describe what is meant by
the statement that "the margin of error was given as plus or minus5 percentage points."



A. Hence, the study is only 5% confident that the true population percentage of people
that prefer chocolate pie is exactly 12%.



B. Hence, it's likely that the interval 12% plus or minus 5% does contain the true
population percentage of people that prefer chocolate pie.

, C. The statement suggests that the study is 100%minus5%equals95% confident that the
true population percentage of people that prefer chocolate pie is 12%.



D. The statement suggests that the true population percentage of people that prefer
chocolate pie is in the interval 12%plus or minus5%.



B. The statement suggests that the interval 12%plus or minus5% is likely to contain the
true population percentage of people that prefer chocolate pie.




The symbol for sample proportion



The symbol of 1-p hat(sample proportion)

Q hat



The value of n is

the sample size



The value of E is

the margin of error



The value of p is

the population proportion



The confidence level is 95%, what is the value of α?

.05 -subtract confidence level from 100

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Easton. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.99
  • (0)
  Add to cart