QNM222 Statistics Homework: Confidence Intervals and Sample Size
VerifiedAdded on 2023/06/13
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Homework Assignment
AI Summary
This statistics assignment addresses several problems related to confidence intervals and sample size determination. It begins by constructing a 99% confidence interval for the average number of customers at Apache Burger, analyzing whether a manager's suggested value falls within this interval, and discussing how changing the confidence level to 95% would affect the interval. The assignment then calculates the required sample size for a survey on mean family income in a rural area, given a specified confidence level and margin of error. Additionally, it examines absenteeism among clerical workers, determining the proportion of absenteeism and constructing a confidence interval for this proportion. The assignment also calculates the sample size needed to estimate a population proportion with a certain level of confidence and margin of error. The solutions involve applying statistical formulas and concepts to real-world scenarios, providing a comprehensive overview of confidence interval estimation and sample size planning.
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