It is known from past information that the probability of failing to finish an Ironman (called...

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It is known from past information that the probability offailing to finish an Ironman (called a DNF) is 15%. Suppose we takea sample of 100 Ironman races over the past few years and find thatthe DNF percentage is 12%. We are interested in seeing if there hasbeen a significant decrease in the number of DNFs. Use alpha=0.05.Find the 95% confidence interval for the percentage of DNFs.

a.

(0.0665, 0.1735)

b.

(0.0555, 0.1845)

c.

(0.1179, 0.1221)

d.

(0.0563, 0.1837)

It is known from past information that the probability offailing to finish an Ironman (called a DNF) is 15%. Suppose we takea sample of 100 Ironman races over the past few years and find thatthe DNF percentage is 12%. We are interested in seeing if there hasbeen a significant decrease in the number of DNFs. Use alpha=0.05.The null and the alternative hypotheses are:

a.

Null hypothesis: The population proportion is less than or equalto 0.12

Alternative hypothesis: The population proportion is greaterthan 0.12

b.

Null hypothesis: The population proportion is less than or equalto 0.15

Alternative hypothesis: The population proportion is greaterthan 0.15

c.

Null hypothesis: The population proportion is greater than orequal to 0.15

Alternative hypothesis: The population proportion is less than0.15

d.

Null hypothesis: The sample proportion is less than or equal to0.15

Alternative hypothesis: The sample proportion is greater than0.15

It is known from past information that the probability offailing to finish an Ironman (called a DNF) is 15%. Suppose we takea sample of 100 Ironman races over the past few years and find thatthe DNF percentage is 12%. We are interested in seeing if there hasbeen a significant decrease in the number of DNFs. Use alpha=0.05.The test statistic is:

a.

t= -0.84

b.

t= -0.92

c.

z= -0.84

d.

z= -0.92

It is known from past information that the probability offailing to finish an Ironman (called a DNF) is 15%. Suppose we takea sample of 100 Ironman races over the past few years and find thatthe DNF percentage is 12%. We are interested in seeing if there hasbeen a significant decrease in the number of DNFs. Use alpha=0.05.The p-value is:

a.

0.1798

b.

0.2005

c.

0.7995

d.

p-value greater than 0.20

It is known from past information that the probability offailing to finish an Ironman (called a DNF) is 15%. Suppose we takea sample of 100 Ironman races over the past few years and find thatthe DNF percentage is 12%. We are interested in seeing if there hasbeen a significant decrease in the number of DNFs. Use alpha=0.05.Assuming no prior estimate of p is available, what is the samplesize that would need to be taken if we wanted to have a margin oferror of 0.08 or less with 95% confidence?

a.

106

b.

150

c.

150.063

d.

151

Answer & Explanation Solved by verified expert
3.8 Ratings (362 Votes)
1 Level of Significance 005 Number of Items of Interest x 12 Sample Size n 100 Sample Proportion p xn 0120 z value Z2 1960 excel formula NORMSINV2 Standard Error    See Answer
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