An electronics retailer believes that, at most, 40% of their cell phone inventory was sold during November. The retailer surveyed 80 dealers and found that 38% of the inventory was sold. Since 38% is less than 40%, is this difference of 2 percentage points sampling error or a significant difference? Test at the 0.05 level. The hypothesis test would be: Select one: a.HO;us40%;H1;µ> 40% b.HO:u2 40%; H1;µ< 40% C.HO;µ =40%;H1;µ #40% d.None is correct e.HO: u #40%; H1:µ =40%

Tina catches a 14-pound bass.  She does not know the population mean or standard deviation.  So she takes a sample of five friends and they say the last bass they caught was 9, 12, 13, 10, and 10 pounds.  Find the t and calculate a 95% (α = .05) confidence interval.

You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.03 margin of error at a 95% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.03 margin of error? Round your answer up to the nearest whole number. n = households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p= 0.23. Using this new information. what sample size should you gather in order to obtain a 0.03 margin of error? Round your answer up to the nearest whole number. n = households Question Help: Video Message instructor Submit Question

You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles.  You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.02 margin of error at a 90% level of confidence. a)  With no prior research, what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n =  households b)  Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of ˆp=0.22p^=0.22 . Using this new information. what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n =  households