answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
seraphim [82]
2 years ago
11

The Pew Research Center Internet Project conducted a survey of 857 Internet users. This survey provided a variety of statistics

on them.
If required, round your answers to four decimal places.

(a) The sample survey showed that 90% of respondents said the Internet has been a good thing for them personally. Develop a 95% confidence interval for the proportion of respondents who say the Internet has been a good thing for them personally. to

(b) The sample survey showed that 67% of Internet users said the Internet has generally strengthened their relationship with family and friends. Develop a 95% confidence interval for the proportion of respondents who say the Internet has strengthened their relationship with family and friends. to

(c) Fifty-six percent of Internet users have seen an online group come together to help a person or community solve a problem, whereas only 25% have left an online group because of unpleasant interaction. Develop a 95% confidence interval for the proportion of Internet users who say online groups have helped solve a problem. to
Business
1 answer:
lana [24]2 years ago
4 0

Answer:

a) 95% confidence interval for the proportion of respondents who say the Internet has been a good thing for them personally:

0.8801\leq \pi \leq 0.9199

b) 95% confidence interval for the proportion of respondents who say the Internet has strengthened their relationship with family and friends:

0.6386\leq \pi \leq 0.7014

c) 95% confidence interval for the proportion of Internet users who say online groups have helped solve a problem:

0.5267\leq \pi \leq 0.5933

Explanation:

a) We have a sample proportion of 90% (p=0.90).

The sample size is n=857.

For a 95% CI, the z-value is z=1.96.

The standard deviation for the proportion is:

\sigma_p=\sqrt{\frac{p(1-p)}{n}}= \sqrt{\frac{0.9*0.1}{857}}=0.0102

Then the upper and lower limit of the 95% CI is:

LL=p-z\cdot \sigma_p=0.9-1.96*0.0102=0.9-0.0199=0.8801\\\\UL=p+z\cdot \sigma_p=0.9+1.96*0.0102=0.9+0.0199=0.9199

b) We have a sample proportion of 67% (p=0.67).

The sample size is n=857.

For a 95% CI, the z-value is z=1.96.

The standard deviation for the proportion is:

\sigma_p=\sqrt{\frac{p(1-p)}{n}}= \sqrt{\frac{0.67*0.33}{857}}=0.0160

Then the upper and lower limit of the 95% CI is:

LL=p-z\cdot \sigma_p=0.67-1.96*0.0160=0.67-0.0314=0.6386\\\\UL=p+z\cdot \sigma_p=0.67+1.96*0.0160=0.67+0.0314=0.7014

c) We have a sample proportion of 56% (p=0.56).

The sample size is n=857.

For a 95% CI, the z-value is z=1.96.

The standard deviation for the proportion is:

\sigma_p=\sqrt{\frac{p(1-p)}{n}}= \sqrt{\frac{0.56*0.44}{857}}=0.0170

Then the upper and lower limit of the 95% CI is:

LL=p-z\cdot \sigma_p=0.56-1.96*0.0170=0.56-0.0333=0.5267\\\\UL=p+z\cdot \sigma_p=0.56+1.96*0.0170=0.56+0.0333=0.5933

You might be interested in
On January 2, 2018, Hernandez, Inc. signed a 10-year noncancelable lease for a heavy duty drill press. The lease stipulated annu
alex41 [277]

Answer:

The below additional piece of information is missing from the question:

In its 2018 income statement, what amount of interest expense should Hernandez report from this lease transaction?

The interest expense for 2018 is $150,000

Explanation:

Interest expense for 2018 is the implicit interest 10% multiplied by the difference present value of $1,800,000 minus annual payment of $300,000.

In order to compute the interest expense,the annual payment must be deducted first since the annual payment was made at the start of the year,hence interest is only due on the net amount of $1,500,000($1,800,000-$300,000).

Interest expense=$1,500,000*10%=$150,000

8 0
2 years ago
Privo Co. purchases a machine that cost $15,000. Privo estimates a 5-year life with no salvage value. The first three years of d
Ierofanga [76]

Answer:

Double-declining balance method

Explanation:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 20%

Now the rate is double So, 40%

In year 1, the original cost is $15,000, so the depreciation is $6,000 after applying the 50% depreciation rate

And, in year 2, the depreciation is ($15,000 - $6,000) × 40% = $3,600

And, in year 3, the depreciation is ($15,000 - $6,000 - $3,600) × 40% = $2,160

6 0
2 years ago
Consider this information about an activity: es = 12, ef = 18, ls = 14, lf = 20. what is the amount of slack associated with thi
Julli [10]
<span>The slack can easily be explained as the difference between latest start (ls) and earliest start (es) of an activity. As the above example, we can easily now calculate slack as the follow: slack = LS - ES or LF - EF So, the correct answer will be LS - ES = 14 -12 = 2 or LF - EF = 20-18 = 2 So, the slack associated with this activity is 2.</span>
3 0
2 years ago
Read 2 more answers
Python Company sells merchandise on account for $5000 to Monte Company with credit terms of 2/10, n/30. Monte Company returns $1
Lisa [10]

Answer:

amount of the check  =  $3430  

Explanation:

given data

sells merchandise account =  $5000

credit terms of 2/10, n/30

Company returns =  $1500

to find out

amount of the check

solution

we will find here amount of the check that is express here as

amount of the check =  (sells merchandise account -  Company returns) × (100 - n )    .......................1

put here value in equation 1 we get    

amount of the check  =  (5000 - 1500 ) × (100% - 2%)

amount of the check  =  (3500 ) × (98%)  

amount of the check  =  $3430  

7 0
2 years ago
Sofia has saved $10,000. She wants to be sure that she is earning interest on her money and can add to her savings. She also wan
guapka [62]

A money market account is the type of account is most suitable for Sofia’s needs.

A money market account earns interest on the money that is deposited at a higher rate than a normal savings account. Even though this is not a common savings account, the account holder is able to write checks from the account if the money needs to be accessed. A money market account is a 'best of both worlds' account because the holder can benefit like a savings and checking account would allow (with some restrictions).

3 0
2 years ago
Read 2 more answers
Other questions:
  • You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance po
    9·2 answers
  • In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 300 units at
    6·1 answer
  • Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcomin
    11·1 answer
  • Rowan Co. purchases 100 common shares (40%) of JBI Corp. as a long-term investment for $500,000 cash on July 1. JBI Corp. paid $
    10·1 answer
  • "For each of the following scenarios, begin by assuming that all demand factors are set to their original values and that Big Wi
    11·1 answer
  • 5) An international company is producing $50 widgets at a cost of $50,000 and is selling
    15·1 answer
  • Define what the book value of an asset is by choosing the correct statement(s) below. (Check all that apply.) Multiple select qu
    8·1 answer
  • Roca, Inc., manufactures and sells two products: Product M6 and Product X7. The company has an activity-based costing system wit
    5·1 answer
  • Davis Florist has two employees, Anita and Jerome, and two tasks that need to be completed, floral arrangements and floral deliv
    13·1 answer
  • Marc is 32 and married to Estella, who is 30. Estella is a stay-at-home mom to their two children, ages 1 and 4. They currently
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!