Enjoy learning Statistics Online! Please be sure to share and subscribe to our YouTube channel.
ASK THE PROFESSOR FORUM
Course Documents
Chapter 1 - Intro
Chapter 2 - Methods for Describing Sets of Data
Chapter 3 - Probability
Chapter 4 - Discrete Random Variables
Chapter 5 - Normal Random Variables
Chapter 6 - Sampling Distributions
Chapter 7 - Confidence Intervals
Chapter 8 - Tests of Hypothesis: One Sample
Chapter 9 - Confidence Intervals and Hypothesis Tests: Two Samples
Sample Exam I: Chapters 1 & 2
Sample Exam II: Chapters 3 & 4
Sample Exam III: Chapters 5 & 6
Sample Exam IV: Chapters 7 & 8
I also had a question on section 7.6 number 62.
Posted to STATS 1 on Saturday, November 23, 2013 Replies: 1
Hi Natalie,
In this problem, we need to use the margin of error formula for the confidence interval for proportion to find an equation for n. That part is straightforward. However, the second part is not so easy.
We need to find values for p-hat and q-hat that when multiplied produce a maximum. This might remind you of those word problems from Algebra that read, "Find two numbers that sum to 1 and have a product that is a maximum..." In the video below, I have walked you through how that is done, but it is not something I would ask you to do on an exam. For these proportion, sample-size problems, we assume p-hat and q-hat are both 0.5. The video just explains why that is the case.
Professor McGuckian