Mathematics, 24.03.2020 19:36 sawyerfauver

A study was recently conducted at a major university to estimate the difference in the proportion of business school graduates who go on to graduate school within five years after graduation and the proportion of non-business school graduates who attend graduate school. A random sample of 400 business school graduates showed that 75 had gone to graduate school while in a random sample of 500 non-business graduates, 137 had gone on to graduate school. Based on a 95 percent confidence level, what is the upper limit of the confidence interval estimate

Answers: 3

Show answers

Answers

Answer from: mariaaking1413

$(0.1875-0.274) - 1.96 \sqrt{\frac{0.1875(1-0.1875)}{400} +\frac{0.274(1-0.274)}{500}}=-0.1412$

$(0.1875-0.274) + 1.96 \sqrt{\frac{0.1875(1-0.1875)}{400} +\frac{0.274(1-0.274)}{500}}=-0.0318$

And the 95% confidence interval would be given (-0.1412;-0.0318).

We are confident at 95% that the difference between the two proportions is between $-0.1412 \leq p_A -p_B \leq -0.0318$

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

p_A represent the real population proportion for business

$\hat p_A =\frac{75}{400}=0.1875$ represent the estimated proportion for Business

n_A=400 is the sample size required for Business

p_B represent the real population proportion for non Business

$\hat p_B =\frac{137}{500}=0.274$ represent the estimated proportion for non Business

n_B=500 is the sample size required for non Business

represent the critical value for the margin of error

The population proportion have the following distribution

$p \sim N(p,\sqrt{\frac{p(1-p)}{n}})$

Solution to the problem

The confidence interval for the difference of two proportions would be given by this formula

$(\hat p_A -\hat p_B) \pm z_{\alpha/2} \sqrt{\frac{\hat p_A(1-\hat p_A)}{n_A} +\frac{\hat p_B (1-\hat p_B)}{n_B}}$

For the 95% confidence interval the value of $\alpha=1-0.95=0.05$ and $\alpha/2=0.025$ , with that value we can find the quantile required for the interval in the normal standard distribution.

$z_{\alpha/2}=1.96$

And replacing into the confidence interval formula we got:

$(0.1875-0.274) - 1.96 \sqrt{\frac{0.1875(1-0.1875)}{400} +\frac{0.274(1-0.274)}{500}}=-0.1412$

$(0.1875-0.274) + 1.96 \sqrt{\frac{0.1875(1-0.1875)}{400} +\frac{0.274(1-0.274)}{500}}=-0.0318$

And the 95% confidence interval would be given (-0.1412;-0.0318).

We are confident at 95% that the difference between the two proportions is between $-0.1412 \leq p_A -p_B \leq -0.0318$

Answer from: Quest

the answer would be 484

step-by-step explanation:

just multiply 0.484 times 1,000 (formula)

Answer from: Quest

step-by-step explanation:

f(x)=2x^2 -1

translation is a function transformation that transform the function in a way of translating. by translating the function its graph is moved up an down. moving the function f(x) 2 units to the left will be the new function g(x) with the equation: g(x)=f(x+2)=2(x+2)^2 -1

Another question on Mathematics

Mathematics, 21.06.2019 19:00

How do i start to solve? would appreciate a walk-thru! a bird sitting 16ft above the ground in an apple tree dislodges an apple. after how many seconds does the apple land on the ground? (assuming that no branches will interfere with it's fall)

Answers: 1

Answer

Mathematics, 21.06.2019 21:00

Evaluate 5 + 6 · 2 – 8 ÷ 4 + 7 using the correct order of operations. a. 22 b. 11 c. 27 d. 5

Answers: 1

Answer

Mathematics, 21.06.2019 21:30

Acertain volume of water contains 100000 hydrogen atoms and 50,000 oxygen atoms how many hydrogen atoms are in a volume of water containing 4 million oxygen atoms

Answers: 1

Answer

Mathematics, 22.06.2019 01:30

Me i'm timed right now! a. (0,-5)b. (0,-3)c. (0,3) d. (0,5)

Answers: 2

Answer

You know the right answer?

A study was recently conducted at a major university to estimate the difference in the proportion of...

Questions