5 and ng > 5 are satisfied in this problem? Explain why this would be an important consideration.O No, the conditions are not satisfied. This is important because it allows us to say that p is...


For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.<br>In a random sample of 536 judges, it was found that 295 were introverts.<br>n USE SALT<br>(a) Let p represent the proportion of all judges who are introverts. Find a point estimate for p. (Round your answer to four decimal places.)<br>(b) Find a 99% confidence interval for p. (Round your answers to two decimal places.)<br>lower limit<br>upper limit<br>Give a brief interpretation of the meaning of the confidence interval you have found.<br>O we are 1% confident that the true proportion of judges who are introverts falls within this interval.<br>O we are 99% confident that the true proportion of judges who are introverts falls outside this interval.<br>O we are 1% confident that the true proportion of judges who are introverts falls above this interval.<br>O we are 99% confident that the true proportion of judges who are introverts falls within this interval.<br>(c) Do you think the conditions np > 5 and ng > 5 are satisfied in this problem? Explain why this would be an important consideration.<br>O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial.<br>O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal.<br>O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal.<br>O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial.<br>

Extracted text: For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 536 judges, it was found that 295 were introverts. n USE SALT (a) Let p represent the proportion of all judges who are introverts. Find a point estimate for p. (Round your answer to four decimal places.) (b) Find a 99% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. O we are 1% confident that the true proportion of judges who are introverts falls within this interval. O we are 99% confident that the true proportion of judges who are introverts falls outside this interval. O we are 1% confident that the true proportion of judges who are introverts falls above this interval. O we are 99% confident that the true proportion of judges who are introverts falls within this interval. (c) Do you think the conditions np > 5 and ng > 5 are satisfied in this problem? Explain why this would be an important consideration. O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial. O No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal. O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal. O Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial.
Jun 06, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here