/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Problem 59 When it comes to advertising, "t... [FREE SOLUTION] | 91Ó°ÊÓ

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When it comes to advertising, "tweens" are not ready for the hard-line messages that advertisers often use to reach teenagers. The Geppeto Group study \(^{\star}\) found that \(78 \%\) of 'tweens understand and enjoy ads that are silly in nature. Suppose that the study involved \(n=1030\) 'tweens. a. Construct a \(90 \%\) confidence interval for the proportion of 'tweens who understand and enjoy ads that are silly in nature. b. Do you think that "more than \(75 \%\) " of all 'tweens enjoy ads that are silly in nature? Why?

Short Answer

Expert verified
Yes, more than 75% of 'tweens enjoy silly ads, as shown by the confidence interval (0.759, 0.801).

Step by step solution

01

Identify Known Values

We know from the problem statement that the sample proportion \( \hat{p} = 0.78 \) and the sample size \( n = 1030 \). We want to construct a 90% confidence interval for the population proportion \( p \).
02

Determine the Z-score

For a 90% confidence interval, find the Z-score that corresponds to the tail areas adding up to 10%. This Z-score is approximately 1.645.
03

Calculate the Standard Error

The standard error for the sample proportion is calculated using the formula: \[ SE = \sqrt{\frac{\hat{p}(1-\hat{p})}{n}} \] Substituting the values: \[ SE = \sqrt{\frac{0.78(1-0.78)}{1030}} \approx 0.0128 \]
04

Find the Confidence Interval

Use the confidence interval formula for proportions: \[ \hat{p} \pm Z \times SE \] Substituting the known values: \[ 0.78 \pm 1.645 \times 0.0128 \] Calculate the margin of error: \[ 1.645 \times 0.0128 \approx 0.021 \] Add and subtract this from \( \hat{p} \): \[ 0.78 \pm 0.021 \] This gives us the interval: \[ (0.759, 0.801) \]
05

Answer the Second Part

The interval \((0.759, 0.801)\) indicates that more than 75% of ‘tweens enjoy silly ads, since the lower limit of the confidence interval is just above 75%.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Sample Proportion
In statistics, when we're examining a certain characteristic in a group, we often can't survey the whole population. Instead, we gather data from a smaller part of the population, known as a sample. The sample proportion, denoted as \( \hat{p} \), represents the fraction of the sample that exhibits the characteristic we're interested in.
For example, in the Geppeto Group study, \( \hat{p} = 0.78 \), meaning 78% of the sampled 'tweens expressed that they enjoy silly ads. This sample proportion acts as an estimate of the true proportion within the entire population of 'tweens. While the sample gives us valuable insight, it may not perfectly match the population proportion due to sampling error.
  • The sample proportion helps us make educated estimates about a larger group.
  • It is the starting point for further statistical evaluations, like confidence intervals.
Understanding the sample proportion lays the groundwork for making informed judgments about the broader population based on your sample results.
Z-score
The Z-score is a statistical tool used in the context of a confidence interval to account for how many standard deviations a data point is from the mean. It helps quantify uncertainty and is vital in estimating population parameters. In our study of 'tweens, we utilized the Z-score to adjust our sample estimate to infer about the population proportion.
For a confidence interval, the Z-score reflects how confident you want to be about the estimate. For example, a Z-score of approximately 1.645 corresponds to a 90% confidence level. This implies there is a 90% probability that the population parameter will fall within the constructed interval.
  • The selection of Z-score depends on the desired confidence level; common standards include 1.645 for 90%, 1.96 for 95%, and 2.576 for 99% confidence intervals.
  • Higher Z-scores mean wider confidence intervals, indicating more uncertainty but greater assurance in capturing the true parameter.
It is crucial to choose the right Z-score based on your specific level of confidence.
Standard Error
Standard error (SE) is a key concept that measures how much the sample proportion \( \hat{p} \) may differ from the true population proportion \( p \). It reflects the variability in the sample estimate and is crucial for constructing confidence intervals.
The standard error of the sample proportion is calculated using the formula: \[ SE = \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}} \] For the tweens study: \[ SE = \sqrt{\frac{0.78(1-0.78)}{1030}} \approx 0.0128 \] A smaller standard error suggests the sample estimate is likely closer to the true population parameter.
  • Standard error decreases with larger sample sizes, meaning more data generally provides a more accurate estimate.
  • SE is used in the margin of error, affecting the width of a confidence interval.
Understanding SE is crucial for assessing the reliability of statistical estimates.
Population Proportion
Population proportion is the parameter that reflects the actual percentage of an entire population that has a specific characteristic, denoted as \( p \). Unlike the sample proportion, which estimates this parameter, the population proportion represents the "truth" we are hoping to approximate.
In statistical studies, we're often interested in using sample data to infer about the population proportion due to practical constraints of surveying the entire population.
In our example, the population proportion represents all 'tweens who enjoy silly ads, based on the 78% sample proportion from 1030 'tweens. Using confidence intervals, researchers can make educated guesses about what this true proportion might be, providing a range in which they believe the population proportion lies.
  • The true population proportion is what the sample data aims to estimate.
  • Confidence intervals help bound this estimate with a certain level of assuredness.
It is the cornerstone of many statistical analyses, allowing researchers to make predictions and inform decisions.

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Most popular questions from this chapter

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