The percentage of married couples who own a single family home is 33% for a given population. A financial analyst is interested in the impact that home mortgages have on a couple's finances. As the financial analyst sets up a study, they are curious about the impact of sample size. What is the standard error of the sampling distribution of sample proportions for samples of size n=200, n=300, and n=400? Round all answers to the nearest thousandths if applicable.

Answers

Answer 1

Answer:

For samples of size n=200, the standard error is of 0.033.

For samples of size n=300, the standard error is of 0.027.

For samples of size n=400, the standard error is of 0.024.

Step-by-step explanation:

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

The percentage of married couples who own a single family home is 33% for a given population.

This means that [tex]p = 0.33[/tex]

Samples of 200:

[tex]s = \sqrt{\frac{0.33*0.67}{200}} = 0.033[/tex]

For samples of size n=200, the standard error is of 0.033.

Samples of 300:

[tex]s = \sqrt{\frac{0.33*0.67}{300}} = 0.027[/tex]

For samples of size n=300, the standard error is of 0.027.

Samples of 400:

[tex]s = \sqrt{\frac{0.33*0.67}{400}} = 0.024[/tex]

For samples of size n=400, the standard error is of 0.024.


Related Questions

Pioneer company has given an aptitude test to 71 potential job applicants. The test score had an average of 81 and a standard deviation of 8. Aptitude tests are known to follow a t-distribution. Pioneer rejects the bottom 5% of the applicants right away. The top 5% are hired immediately at managerial positions.
A. What is the degrees of freedom for this distribution?
B. What is the t-score for someone who has scored 93?
C. What is the cutoff score for those who'll be hired as managers?
D. What will be the cutoff score fro those who'll get rejected right away?
E. If we want to define the middle of the class (80%) to be average, what will be the lower cut-off scores?
F. If we want to define the middle of the class (80%) to be average, what will be the upper cut-off scores?

Answers

Answer:

Follows are the solution to the given points:

Step-by-step explanation:

In point A:

[tex]\to df = n - 1 = 71-1= 70[/tex]

In point B:

[tex]\to t = \frac{(x -X)}{s} = \frac{(93-81)}{8} = \frac{12}{8}= 1.5[/tex]

In point C:

For df = 70, the top 5% critical t score

tcrit = 1.666914479

Thus,

[tex]\to 1.666914479 = \frac{(x - 81)}{8}\\\\\to 1.666914479 \times 8 = (x - 81)\\\\\to 13.335315832 = (x - 81)\\\\\to 13.335315832 +81 =x \\\\\to x= 94.335315832[/tex]

In point D:

For df = 70, the top 5% critical t score

tcrit = -1.666914479

[tex]\to -1.666914479 = \frac{(x - 81)}{8}\\\\\to -1.666914479 \times 8= (x - 81)\\\\\to -13.335315832= (x - 81)\\\\\to -13.335315832+81 = x \\\\\to x = 67.664684168\\\\[/tex]

In point E:

The lower cutoff is 0.10 in the center, which would be around 80 %. The critical point therefore is

tcrit = -1.293762898

[tex]\to -1.293762898 = \frac{(x-81)}{8}\\\\\to -1.293762898 \times 8= (x-81) \\\\\to -1.293762898 \times 8= (x-81) \\\\\to -10.350103184=x-81\\\\\to -10.350103184+81=x\\\\\to x=70.649896816[/tex]

In point F:

The lower cutoff is 0.90 in the center, which would be around 80 %. The critical point therefore is

tcrit = 1.293762898

[tex]\to 1.293762898 = \frac{(x-81)}{8}\\\\\to 1.293762898 \times 8= x-81\\\\\to 10.350103184 =x-81\\\\\to 10.350103184 +81=x\\\\\to x = 91.350103184\\[/tex]

Es fills his sport bottle wit 1.2 liter of water how much milliliters of water is in ed sport bottle

Answers

There is 1200 mL in his bottle

What is the factored form of this expression?
9x2 – 64y2

Answers

Answer:

(3x + 8y)(3x - 8y)

Step-by-step explanation:

this is the difference of 2 perfect squares.

9x2 - 64y2

(3x + 8y)(3x - 8y)

A bag contains a total of 100 black and white marbles. Without looking a marble is chosen, recorded, and placed back in the bag. The student records 8 black marbles and 2 white marbles. Predict the number of black marbles in the bag.​

Answers

80 black and 20 white

Which expression is equivalent to 14y−12?

14(y−2)

−14(y−12)

14(y−12)

−14(y−2)

Answers

Answer:

The answer is 1/4 (y-2)

Step-by-step explanation:

I got the answer correct on my test!

A store sells nine types of cell phones. There are four colors of each type.
How many different options does a customer have when buying a cell phone at the store? HELP

Answers

Answer:

36

Step-by-step explanation:

nine times 4 is 36 making it 36 options to choose from

hope this helps! :)

2 0 IC : 7(x + 8) - 4(x + 10)​

Answers

Answer:

3x+16

Step-by-step explanation:

Find the surface area.

Answers

Answer:

1120

Step-by-step explanation:

area of triangle= 1/2★base★height

area of traingle =1/2★15★8=60

area of 2 triangle= 60+60=120

area of base rectangle= length ★breath

=15★25=375

area of slanting rectangle= 25★17=425

area of side rectangle=8★25=200

so total area= 120+375+425+200=1120

How many of these figures have at least one vertex?

Answers

Answer:

Two of those figures have a vertex.

Step-by-step explanation:

Hope this helped Mark BRAINLIEST!!!

The number of figures has at least one vertex is 2. Therefore, option C is the correct answer.

What is a vertex?

A vertex is a point in geometry where two or more curves, lines, or edges converge. As a result of this definition, vertices are the intersection of two lines that create an angle as well as the corners of polygons and polyhedral.

From the given figure,

Sphere: Spheres have no vertex (the surface is a curve).

Triangular pyramid: Triangular pyramid has 5 vertex, 4 faces and 6 edges

Cube: Cube has 8 vertex, 6 faces and 8 edges.

Cylinder: A cylinder has 0 vertices. A cylinder has 2 edges. A cylinder has 2 faces and 1 curved surface.

Therefore, option C is the correct answer.

Learn more about the vertex here:

https://brainly.com/question/18933031.

#SPJ2

A car manufacturer has two production plants in different cities. Every day, plant A produces 120 of a certain
type of car, while plant B produces 80 of those cars. On average, all of these cars have a paint thickness of
0.04 mm with a standard deviation of 0.003 mm.
Every day, quality control experts take separate random samples of 10 cars from each plant and calculate the
mean paint thickness for each sample. They then look at the difference between those sample means.
Consider the formula:
031-32 =
02
+
ni 12
Why is it not appropriate to use this formula for the standard deviation of TA
IB?

Answers

Answer: We cannot assume independence for the cars sampled from plant B.

Step-by-step explanation: Khan Academy “With a sample size of 10 cars, we need at least 100 cars in the population to assume independence based on the 10% condition, but there are only 80 cars made each day at plant B.”

Answer: We cannot assume independence of the cars sampled from plant B.

Step-by-step explanation:

(d) State any two(2) properties of a semiconductor material.​

Answers

Answer:

Semiconductors are somewhere in-between conductors and insulators. This means that they are specific when it comes to conducting electricity meaning that their conduction of electricity varies based on their condition at the time.

For instance, they can conduct electricity when heated.

Properties:

    1. Perfect insulator at Absolute Zero.

As mentioned above, semi conductors are better at conducting electricity when they are heated. At Absolute zero - the lowest temperature possible -  therefore, these materials would conduct absolutely no electricity thereby making them perfect insulators.

   2. More resistance than Conductors but less than Insulators

As mentioned above, they have properties in-between those of insulators and conductors. One of those is their resistance. They can resist more than conductors but less than insulators.

2.45 divided by 0.17 =
Its not 14.41176470588235

Answers

Answer:

0.06938775

Step-by-step explanation:

This is the correct answer.

5 cm
1 cm
1 cm
2 cm
4 CM
The perimeter of this shape is


13 cm
18 cm
20 cm
22 cm

Answers

Answer:

the perimeter of the shape is 13cm

Step-by-step explanation:

Perimeter is the distance round a shape. As for polygons perimeter is the sum of all the sides. In this polygon, the sum of all the sides is 5cm + 1cm + 1cm + 2cm + 4cm which is equal to 13cm

Choose all the possible solution that makes the inequality statement True

x + 15 ≤ 35

O 20, 21, 22

O 18, 19, 20

O -18,-19,-20

O 50, 51, 52

Answers

Answer:

18, 19, 20

-18,-19,-20

Step-by-step explanation:

x + 15 ≤ 35

x ≤ 35 - 15

x ≤ 20

x must be 20 or less than it

4. What percent of values is between the first and third quartiles?
5. Find the interquartile range.

Answers

Answer:

IQR = 2.5

Step-by-step explanation:

Question 5:

IQR=Q1-Q3

IQR=4.75-2.25 = 2.5

Question 4:

Q1=2.5 and Q3=4.75 between those two is the median so, it may be 3.0 or 3% just not positive on question 4.

Can anyone else help on question 4?

What is the total surface area of a cylinder with a radius of 12 mm and height of 3 mm? (Use 3.14 for it.) DO NOT PUT LABEL ON ANSWER.​

Answers

Answer:

A≈1130.97

------------------------------------------------------

Step-by-step explanation:

A=2πrh+2πr2=2·π·12·3+2·π·122≈1130.97336

Lena spent $39 on fruit at the grocery store. She spent a total of $60 at the store. What percentage of the total did she spend on fruit?

Answers

Answer:

The answer is 65%

Step-by-step explanation: Divide 60 by 39 and multiply by 100. So it will look like 39/60=0.65*100=65%. I hope this helps. :)

What is the distance between (5, 5) (5, -2)

Answers

Answer:

7 units

Step-by-step explanation:

To find the distance between a pair of points, use the distance formula, [tex]d = \sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]. Substitute the x and y values of (5,5) and (5, -2) into the formula and simplify:

[tex]d= \sqrt{(5-5)^2+(5+2)^2} \\d = \sqrt{(0)^2+(7)^2} \\d = \sqrt{0+49} \\d = \sqrt{49}\\d=7[/tex]

So, the answer is 7 units.

7 now can you please help me with my history work

PLEASE HELP DUE IN 2 HOURS!


4.22 g/cm to lbs/ft

Answers

Answer:

The answer is 0.28 lbs/ft or 0.3 lbs/ft, if rounded.

Step-by-step explanation:

In order to solve, divide the mass / length value by 14.882.

I hope this helps you.

Need answers plz would be appreciated

Answers

Answer:

1) x=5

2) x=7

3) x=8

4) x=4

5) x=7

6) x=8

Step-by-step explanation:

Since each pair is similar, their sides are in ratio:

1)

(2x+2)/6=18/9

2x+2=2*6

2x=12-2

x=10/2

x=5

2)

(x-2)/4=10/8

x-2=1.25*4

x=5+2

x=7

3)

(3x-6)/12=24/16

3x-6=1.5*12

3x=18+6

x=24/3

x=8

4)

(2x+4)/15=16/20

2x+4=0.8*15

2x=12-4

x=8/2

x=4

5)

(x+2)/15=6/10

x+2=0.6*15

x=9-2

x=7

6)

(-3+x)/6=10/12

-3+x=6*(10/12)

x=5+3

x=8

The number of points Marcus scored in different rounds of a computer board game is shown
235 342 328 352 352 306 317

6. What score does Marcus need in his next
game to have a mean of exactly 325?

Answers

Answer:

583

Step-by-step explanation:

The mean of a data set is the average of the data set. It can be found by adding up all of the values and then dividing by the total number of values added. In this case, one is given the mean, and one needs to find a missing value. Since there is a missing element, add one to the total number of values in the data set. The missing element is represented by the parameter (x). Set up an equation and solve:

[tex]\frac{(236)+(342)+(328)+(352)+(352)+(306)+(317)+(x)}{8}=325\\[/tex]

Simplify,

[tex]\frac{2233+x}{8}=352[/tex]

Inverse operations,

[tex]2233+x=2816\\\\x = 583[/tex]

Answer:

It’s 367

Step-by-step explanation:

Which fraction is equivalent to 2/-6

Answers

Answer:

-1/3

Step-by-step explanation:

What statement best describes a trapezoid? *
1 point
a. All sides are equal and opposite sides are parallel
b. Exactly one pair of parallel lines
c. Has 2 sets of parallel lines and four 90 degree angles
d. Has 2 equal sides and 3 acute angles

Answers

Answer:b

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

because it has two parallel side and and other are just lines but being quadrilateral its sum is 360

The length, 1, of a wheelchair ramp is 3 more than 11
width, w. Which equation represents the relationship between
the length and the width of the ramp?

Answers

Answer: the length is 8

Step-by-step explanation: Because 11 minus 8 is 3

HELP HELP HELP THIS IS DUE TODAY PLZZ HELP ME 1. Plot and label the temperatures on a number line. You can create it by using a drawing program, by drawing it by hand and sending in a picture, or by describing in detail how the completed number line should look.

Answers

Answer:

What's the the temperatures?

Step-by-step explanation:


please help i’ll give brainliest

Answers

The answer is 65pi for lateral surface area

100 POINTS!!
What is the value of x? Enter your answer in the box.

Answers

the answer should be 46

Please help answer !:)
Will give brainlst!!
Have a nice day

Answers

Answer:

10, exponents, 10, expression

Step-by-step explanation:

Convert .45 tons to kilograms to the nearest hundredth

Answers

Answer:

40,823.31 kilograms.

Step-by-step explanation:

Evan can do one sit-up every 5 seconds. How many minutes will it take him to do 24 sit-ups ?​

Answers

Answer: 120 minutes.

not sure if im right lol brainliest or a thank u please :)) <3

It would take him 2 minutes to do 24 sit ups

24 x 5 = 120
120/60= 2
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