1) Proponents of the latest Vermont gambling ballot initiativehave conducted a poll to determine whether their initiative islikely to pass? A random sample of 395 likely voters is selectedand 46% indicate that they would vote in favor of casino gamblingin the state.
a) Calculate the standard error of the proportion of samplevoters favoring the initiative.
b) At an alpha of .01 (99% confidence level) do you concludethat the issue will pass or fail? Why?
c) At an alpha of .05 (95% confidence level) would you concludethat the issue will pass or fail? Why?
2) Calculate the appropriate standard error measurement for thesituation below.
A sample of 440 book stores with mean daily sales of $8,800 anda standard deviation of $559.
