Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. katrina wants to estimate the proportion of adults

Katrina wants to estimate the proportion of adults who read at least 10 books last...

70.2K

Verified Solution

Question

Statistics

image

image

Katrina wants to estimate the proportion of adults who read at least 10 books last year To do so she obtains a simple random sample of 100 adults and constructs a 95 confidence interval Matthew also wants to estimate the proportion of adults who read at least 10 books last year He obtains a simple random sample of 400 adults and constructs a 99 confidence interval Assuming both Katrina and Matthew obtained the same point estimate whose estimate will have the smaller margin of error Justify your answer Whose estimate will have the smaller margin of error and why O A Katrina s estimate will have the smaller margin of error because the sample size is smaller and the level of confidence is lower OB Matthew s estimate will have the smaller margin of error because the larger sample size more than compensates for the higher level of confidence OC Matthew s estimate will have the smaller margin of error because the sample size is larger and the level of confidence is higher OD Katrina s estimate will have the smaller margin of error because the lower level of confidence more than compensates for the smaller sample size

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Frostbite Thermalwear has a zero coupon bond issue outstanding with a face value of $48,000 that...

Finance
Q

You ask 6 of your friends how many dogs they have and how many cats they...

Basic Math
Q

Use mathematical induction to prove that the statement holds for all positive integers a 2...

Calculus
Q

8 marks Classify the following differential equations as linear or non linear and give their...

Calculus
Q

Please explain how you got the amounts Thank you Required information [The following information...

Accounting
Q

Exercise 7-24 Monty Lansbury Company deposits all receipts and makes all payments by check. The...

Accounting
Q

JK Company can sell all of the plush and supreme products it can produce but...

Accounting
Q

Please help with the 3 x Part Question. Thank you so much! Presidio, Incorporated,...

Accounting
Q

Which method of computing depreciation expense results in the same amount of depreciation each year?...

Accounting
Q

Paid employee salaries of $35,000. Make a general journal entry.

Accounting
Q

The continuously-compounded rate of return is 12%. What is the annual rate of return when...

Finance
Q

#5 Facebook is considering two proposals to overhaul its network infrastructure....

Accounting