Hypothesis Testing Quiz - Chapter 10
... 18. Suppose the federal government needs to estimate the proportion of students receiving federal loans that default on those loans. How many past records on student loans should be examined in order to be 97% confident that the true proportion is estimated to within 0.006? a) 15,070 ...
... 18. Suppose the federal government needs to estimate the proportion of students receiving federal loans that default on those loans. How many past records on student loans should be examined in order to be 97% confident that the true proportion is estimated to within 0.006? a) 15,070 ...
Location of Packet
... Collecting samples/surveys: role of randomness Eliminating (minimizing) bias Sample size: larger sample size reduces variability - thus, improving the precision of inference Moving from descriptive statistics to making inference: Margin of Error (ME). ME allows statement about the range of plausible ...
... Collecting samples/surveys: role of randomness Eliminating (minimizing) bias Sample size: larger sample size reduces variability - thus, improving the precision of inference Moving from descriptive statistics to making inference: Margin of Error (ME). ME allows statement about the range of plausible ...
252x0763
... random sample of 30 unmarried cardholders. Sample data is above. 3. If the bank finds that the difference between married and unmarried couples is 186 .20 110 .03 . a. The difference is statistically significant because 186.20 is larger than 110.03 b. The difference is statistically significant b ...
... random sample of 30 unmarried cardholders. Sample data is above. 3. If the bank finds that the difference between married and unmarried couples is 186 .20 110 .03 . a. The difference is statistically significant because 186.20 is larger than 110.03 b. The difference is statistically significant b ...
