MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question 21
A random sample of ny = 217 people who live in a city were selected and 111 identified as a "dog
person." A random sample of n2 = 109 people who live in a rural area were selected and 65 identified as a
"dog person." Find the 90% confidence interval for the difference in the proportion of people that live in a
city who identify as a "dog person" and the proportion of people that live in a rural area who identify as a
"dog person."
Round answers to to 4 decimal places.
< P1- P2 <
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Transcribed Image Text:Question 21 A random sample of ny = 217 people who live in a city were selected and 111 identified as a "dog person." A random sample of n2 = 109 people who live in a rural area were selected and 65 identified as a "dog person." Find the 90% confidence interval for the difference in the proportion of people that live in a city who identify as a "dog person" and the proportion of people that live in a rural area who identify as a "dog person." Round answers to to 4 decimal places. < P1- P2 < Check Answer P Search for anything
Based on past experience, a bank believes that 9 % of the people who receive loans will not make payments
on time. The bank has recently approved 200 loans.
a) What are the mean and standard deviation of this model?
[Round your answers to two decimal places.]
mean =
standard deviation =
b) What is the probability that over 10% of these clients will not make timely payments?
[Round your answer to two decimal places.]
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Transcribed Image Text:Based on past experience, a bank believes that 9 % of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. a) What are the mean and standard deviation of this model? [Round your answers to two decimal places.] mean = standard deviation = b) What is the probability that over 10% of these clients will not make timely payments? [Round your answer to two decimal places.] Check Answer Search for anything
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