From a large number of actuarial exam scores, a random sample of scores is selected, and it is found that of these are passing scores. Based on this sample, find a confidence interval for the proportion of all scores that are passing. Then find the lower limit and upper limit of the confidence interval. Carry your intermediate computations to at least three decimal places. Round your answers to two decimal places.

Answers

Answer 1

Supposing 60 out of 100 scores are passing scores, the 95% confidence interval for the proportion of all scores that are passing is (0.5, 0.7).

The lower limit is 0.5.The upper limit is 0.7.

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the z-score that has a p-value of [tex]\frac{1+\alpha}{2}[/tex].

60 out of 100 scores are passing scores, hence [tex]n = 100, \pi = \frac{60}{100} = 0.6[/tex]

95% confidence level

So [tex]\alpha = 0.95[/tex], z is the value of Z that has a p-value of [tex]\frac{1+0.95}{2} = 0.975[/tex], so [tex]z = 1.96[/tex].

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.6 - 1.96\sqrt{\frac{0.6(0.4)}{100}} = 0.5[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.6 + 1.96\sqrt{\frac{0.6(0.4)}{100}} = 0.7[/tex]

The 95% confidence interval for the proportion of all scores that are passing is (0.5, 0.7).

The lower limit is 0.5.The upper limit is 0.7.

A similar problem is given at https://brainly.com/question/16807970


Related Questions

What is the answer to the equation 56/3+7=

Answers

Hey there!

56/3 + 7

= 56/3 + 7/1

= 56/3 + 21/3

= 56 + 21/ 3 + 0

= 56 + 21/3

= 77/3

≈ 25 2/3

≈ 25.666667

Therefore, your answer is: [77/3] which is approximately [25.666667]

Good luck on your assignment & enjoy your day!

~Amphitrite1040:)

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Step-by-step explanation:

We know that angles on a straight line add up to 180, so:

5x+5+5x+5=180

Simplify

10x+10=180

Solve

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10x=170

Divide 170 by 10

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Explain why an exponential or logarithmic function would not be used to model the graph from question 1?

For Question 1, what is the y intercept and explain the meaning in the context of that problem?

Answers

Answer:

see below

Step-by-step explanation:

neither would be used because for an exponential, it would be a constant increasing or decreasing, and same thing for the logarithmic. This function has a consistent wave pattern.

1. 600, y intercept is when the study began

A graph can be modeled by several functions such as exponential function, logarithm functions, linear functions, quadratic functions, etc.

The graph is neither an exponential function, nor a logarithmic functionThe y-intercept is 600

The function type

An exponential function and a logarithmic function would either increase through its interval or decrease through its interval.

These functions would not increase and then decrease or decrease and then increase at different intervals.

From the attached graph, we can see that the graph increases and decreases at several intervals.

Because of this changes in the graph behavior, the graph cannot represent an exponential function or a logarithmic function.

The y-intercept

The graph cross the y-axis at y = 600.

Hence, the y-intercept is 600

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2 numbers that round to 70. The sum of the two numbers is 136

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Answer:

68 and 68

Step-by-step explanation:

hope this helps

The library owns 80,000 books. 90% of the books are fiction books. How many fiction books does the library own?

Answers

Answer:

72 000 fiction books

Step-by-step explanation:

80000 * 90% = 80000 * 0,9 = 72000

Answer:

The library own 72,000 fiction books.

Step-by-step explanation:

# of fiction books =(total # of books)(% of fiction books)

[tex]B_f=(80,000)(.90)=72,000[/tex]

If Jaime wants to find 60% of 320, which table should he use?
A 2-column table with 11 rows. Column 1 has entries 10 percent, 10 percent, 10 percent, 10 percent, 10 percent, 10 percent, 10 percent, 10 percent, 10 percent, 10 percent, Total 100 percent. Column 2 has entries blank, blank, blank, blank, blank, blank, blank, blank, blank, blank, Total blank.
A 2-column table with 5 rows. Column 1 has entries 25 percent, 25 percent, 25 percent, 25 percent, Total 100 percent. Column 2 has entries blank, blank, blank, blank, Total blank.
A 2-column table with 4 rows. Column 1 has entries 30 percent, 30 percent, 30 percent, Total 100 percent. Column 2 has entries blank, blank, blank, Total blank.
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Answer: The answer is A. Six 10% and total 100% (I hope ya'll understand what I'm saying)

Answer:

it is A

Step-by-step explanation:

just finished

After leaving his house, Nate drove fifteen minutes to take his oldest daughter to the middle school and then drove ten minutes to take his two younger daughters to the elementary school. Next, Nate drove twenty-five minutes to work. If Nate arrived at work at 9:30 a.m., what time did he leave his house?

A. 8:10 a.m.
B. 8:20 a.m.
C. 8:30 a.m.
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Answers

Answer:

D. He left his house at 8:40 a.m

I say go with answer 8:20

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Answer:

The type of association between x and y are inversely proportional  

Step-by-step explanation:

Solution:

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I hope this helps.

Previous Answer is Correct

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Answer:

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Step-by-step explanation:

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Answer:

(-4;5)

Step-by-step explanation:

Replace x and y by each of the possible solution until the equation is true. here it is true for (-4 ; 5), because:

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Answer:

d

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Answers

Answer:

c=38

Step-by-step explanation:

Answer:

c = 38

Step-by-step explanation:

c+(-22) = 16c-22 = 16c = 16+22c = 38

Evaluation the following:

A.
[tex] \sqrt{ \frac{32 {y}^{2} }{72 {x}^{2} } } [/tex]
B.
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Answers

Answer:

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Step-by-step explanation:

√32y²/72x²= 32²/72²

= 32/72.

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An experiment is given together with an event. Find the (modeled) probability of each event, assuming that the dice are distinguishable and fair, and that what is observed are the numbers uppermost.
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Answers

Answer:

A woman wants to measure the height of a nearby building. She places a 7 ft pole in the shadow of the building so that the shadow of the pole is exactly covered by the shadow of the building. The total length of the building's shadow is 184 ft, and the pole casts a shadow that is 5.5ft long. How tall is the building? Round your answer to the nearest foot. (The figure is not drawn to scale.)

Step-by-step explanation:

A woman wants to measure the height of a nearby building. She places a 7 ft pole in the shadow of the building so that the shadow of the pole is exactly covered by the shadow of the building. The total length of the building's shadow is 184 ft, and the pole casts a shadow that is 5.5ft long. How tall is the building? Round your answer to the nearest foot. (The figure is not drawn to scale.)A woman wants to measure the height of a nearby building. She places a 7 ft pole in the shadow of the building so that the shadow of the pole is exactly covered by the shadow of the building. The total length of the building's shadow is 184 ft, and the pole casts a shadow that is 5.5ft long. How tall is the building? Round your answer to the nearest foot. (The figure is not drawn to scale.)

.
Solve using traditional division: 3,385 31.
109 R6
1009
108 R 37
109

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Answer:

109r6

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Step-by-step explanation:

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Step-by-step explanation:

Answer:

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There would be 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20

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B and c and d i think

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Answers

Answer:

Step-by-step explanation:

As the number under the exponent is less than 1, this is a decay function.

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so the increase would be -3%

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Answers

Answer:

The number is 2

Step-by-step explanation:

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venere madona de mihai eminescu particularitatile textului literar și poetic​

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can u say it in english ?

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An equation for the ordered pairs you gave me is: y=3x+1

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Answer:

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..............................

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Answer:

×=3×+y=27

Step-by-step explanation:

the variables are not the same so you cant do anything

Answer:

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Answer:

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Answers

0.75 miles
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Answer:

0.75 mi.

Step-by-step explanation:

15/20=3.90/x

(2a+3) by (a+2) binomial multiplication ​

Answers

Answer:

refer to the attachment

hope it helps.......

Answer:

2a² + 7a + 6

Step-by-step explanation:

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which two expressions are equivalent to 7(t + 5)?


A). 7 • 5 • t

B). 7 • 5 + t

C). 7 • 5 + 7 • t

D). (5 + t) • 7

E). 5(t + 7)



Answers

Answer:

7.5+7.t

and

(5+t).7

are equivalent to 7(t+5)

Option D and E are equivalent to 7(t + 5) That is :

(5 + t) • 7 and 5(t + 7)

What is Algebraic expression ?

Algebraic expressions are the idea of expressing numbers using letters or alphabets without specifying their actual values. The basics of algebra taught us how to express an unknown value using letters such as x, y, z, etc. These letters are called here as variables. An algebraic expression can be a combination of both variables and constants. Any value that is placed before and multiplied by a variable is a coefficient.

The given equation is :

7(t + 5)

7(t+5) multiply 7 with inside the parenthesis

7(t+5) = 7t + 7x5

this result is equivalent to option D and E which will give the same result.

Therefore, Option D and E are equivalent to 7(t + 5).

Read more about expressions at :

https://brainly.com/question/12030750

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