Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
Bartleby Related Questions Icon

Related questions

Question

Not use Ai and chatgpt 

In a study of 411 nonprofits nationwide, 80 indicated that turnover has been the biggest employment challenge at their organization. Complete parts (a) through (c).
a. Construct a 95% confidence interval for the population proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization.
SлS (Type integers or decimals. Round to three decimal places as needed.)
b. Interpret the interval constructed in part (a).
Choose the correct answer below.
A. With 5% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the population is in this interval.
B. With 95% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the sample is in this interval.
○ C. With 95% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the population is in this interval.
○ D. With 5% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the sample is in this interval.
c. If you wanted to conduct a follow-up study to estimate the population proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization to within ±0.04 with 95% confidence, how many nonprofits would you survey?
A sample of nonprofits should be surveyed. (Round up to the nearest integer.)
expand button
Transcribed Image Text:In a study of 411 nonprofits nationwide, 80 indicated that turnover has been the biggest employment challenge at their organization. Complete parts (a) through (c). a. Construct a 95% confidence interval for the population proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization. SлS (Type integers or decimals. Round to three decimal places as needed.) b. Interpret the interval constructed in part (a). Choose the correct answer below. A. With 5% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the population is in this interval. B. With 95% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the sample is in this interval. ○ C. With 95% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the population is in this interval. ○ D. With 5% confidence, the proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization in the sample is in this interval. c. If you wanted to conduct a follow-up study to estimate the population proportion of nonprofits that indicate turnover as the biggest employment challenge at their organization to within ±0.04 with 95% confidence, how many nonprofits would you survey? A sample of nonprofits should be surveyed. (Round up to the nearest integer.)
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.