Chapter 7: Problem 42
In a population of 1000 subjects, 640 possess a certain characteristic. In a sample of 40 subjects selected from this population, 24 possess the same characteristic. What are the values of the population and sample proportions?
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Chapter 7: Problem 42
In a population of 1000 subjects, 640 possess a certain characteristic. In a sample of 40 subjects selected from this population, 24 possess the same characteristic. What are the values of the population and sample proportions?
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According to nerdwallet.com, the average household mortgage debt was \(\$ 156,333\) in August 2015. Suppose that the current distribution of mortgage debts of all U.S. households has a mean of \(\$ 156,333\) and a standard deviation of \(\$ 36,000\). Find the probability that the current average mortgage debt of a random sample of 144 U.S. households is a. less than \(\$ 152,400\) b. more than \(\$ 160,000\) c. \(\$ 152,000\) to \(\$ 160,000\)
A certain elevator has a maximum legal carrying capacity of 6000 pounds. Suppose that the population of all people who ride this elevator have a mean weight of 160 pounds with a standard deviation of 25 pounds. If 35 of these people board the elevator, what is the probability that their combined weight will exceed 6000 pounds? Assume that the 35 people constitute a random sample from the population.
For a population, \(N=18,000\) and \(p=.25\). Find the \(z\) value for each of the following for \(n=70\). a. \(\hat{p}=.26\) b. \(\hat{p}=.32\) c. \(\hat{p}=.17\) d. \(\hat{p}=.20\)
Mong Corporation makes auto batteries. The company claims that \(80 \%\) of its LL70 batteries are good for 70 months or longer. Assume that this claim is true. Let \(\hat{p}\) be the proportion in a sample of 100 such batteries that are good for 70 months or longer. a. What is the probability that this sample proportion is within \(.05\) of the population proportion? b. What is the probability that this sample proportion is less than the population proportion by \(.06\) or more? c. What is the probability that this sample proportion is greater than the population proportion by \(.07\) or more?
Brooklyn Corporation manufactures DVDs. The machine that is used to make these DVDs is known to produce \(6 \%\) defective DVDs. The quality control inspector selects a sample of 150 DVDs every week and inspects them for being good or defective. If \(8 \%\) or more of the DVDs in the sample are defective, the process is stopped and the machine is adjusted. What is the probability that based on a sample of 150 DVDs, the process will be stopped to adjust the machine?
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