logo

Statistics Study Material

10 Pages1445 Words24 Views
   

Added on  2023-01-10

About This Document

Find comprehensive study material for Statistics including solved assignments, essays, dissertations, and more on Desklib. Get expert help for your Statistics course.

Statistics Study Material

   Added on 2023-01-10

ShareRelated Documents
STATISTICS
Statistics Study Material_1
Question 1:
a. Provide a 95% confidence interval for all the patients who are referred to
the health centre by the hospital.
From the provided information,
Sample size of patients (n) = 400
80 were referred by the local hospital that is x = 80
Sample proportion can be obtained as:
Confidence level = 95%
The Z value at 95% confidence level from the standard normal table is 1.96.
The required 95% confidence interval can be obtained as:
Thus, the required confidence interval is 0.161 to 0.239.
Statistics Study Material_2
b. What sample size would be required to estimate the proportion of all
hospital referrals to the health centre with a margin of error of 0.04 or less at
95% confidence?
Given E=0.04
So, n = (Z/E)^2*p*(1-p)
Where;
E = Margin of error;
P = Probability of occurring an error
= (1.96/0.04)^2*0.2*0.8
=384.16
Take n=385
Therefore the sample size required at margin of error of 0.04 or less at 95% confidence level will
be 385.
Question 2:
Step 1. Statement of the hypothesis
Determine the statement of the hypothesis.
The statement of the hypothesis is generally indicated by the null hypothesis which is determined
below:
That is, there is no evidence that there has been a significant increase in the starting salaries of
students who graduated from colleges of Business in 2009.
Statistics Study Material_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Statistics Study Material
|12
|2088
|51

Strategics for business
|13
|2513
|61

Statistics Task Question Answer 2022
|11
|883
|34

Probability Distribution, Confidence Interval, Hypothesis Testing and A/B Testing
|8
|981
|333

ECON1095 Quantitative Methods In Finance
|13
|925
|171

Role of Central Limit Theorem
|8
|852
|16