1. You want to obtain a sample to estimate a population proportion. At this point in time, you have no reasonable preliminary estimation for the population proportion. You would like to be 99%...



1. You want to obtain a sample to estimate a population proportion. At this point in time, you have no reasonable preliminary estimation for the population proportion. You would like to be 99% confident that you estimate is within 3.5% of the true population proportion. How large of a sample size is required?



=




2. Here is a bivariate data set.















































xy
3116
6147
3822
5446
3812
6550
17-34
2822
16-6






Find the correlation coefficient and report it accurate to four decimal places.

r =




3.
The data shown below consists of the price (in dollars) of 7 events at a local venue and the number of people who attended. Determine if there is significant  linear correlation between ticket price and number of attendees. Use a significance level of 0.01 and round all values to 4 decimal places.




































Ticket PriceAttendence
6159
10105
14109
18107
22126
26173


Ho: ρ = 0
Ha: ρ ≠ 0


Find the Linear Correlation Coefficient
    r =


Find the p-value
   p-value =


The p-value is?




  • Less than (or equal to) αα

  • Greater than αα




The p-value leads to a decision to?




  • Do Not Reject Ho

  • Accept Ho

  • Reject Ho




The conclusion is?




  • There is a significant negative linear correlation between ticket price and attendance.

  • There is a significant positive linear correlation between ticket price and attendance.

  • There is a significant linear correlation between ticket price and attendance.

  • There is insufficient evidence to make a conclusion about the linear correlation between ticket price and attendance.




Jun 08, 2022
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