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In a survey, 1000 people are selected at random and asked some questions about online shopping - Leaving Cert Mathematics - Question 3 - 2020

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In a survey, 1000 people are selected at random and asked some questions about online shopping. (i) Find the margin of error of the survey. Give your answer as a pe... show full transcript

Worked Solution & Example Answer:In a survey, 1000 people are selected at random and asked some questions about online shopping - Leaving Cert Mathematics - Question 3 - 2020

Step 1

Find the margin of error of the survey.

96%

114 rated

Answer

To calculate the margin of error (ME), we use the formula:

ME = rac{1}{ ext{sqrt{n}}}

where n=1000n = 1000. Substituting the value,

ME = rac{1}{ ext{sqrt{1000}}} \approx 0.031622

Converting to a percentage:

ME3.2%ME \approx 3.2\%

Step 2

Of those asked, 762 said they believe it is safe to give their credit card details when shopping online. Use your answer to Part (i) above to create a 95% confidence interval for the percentage of people who believe it is safe to give their credit card details when shopping online.

99%

104 rated

Answer

Let ar{p} = \frac{762}{1000} = 76.2\%. The margin of error from Part (i) is 3.2%3.2\%.

The 95% confidence interval is calculated as:

[pˉME,pˉ+ME]\left[ \bar{p} - ME, \bar{p} + ME \right]

This gives us:

[76.2%3.2%,76.2%+3.2%]=[73.0%,79.4%]\left[ 76.2\% - 3.2\%, 76.2\% + 3.2\% \right] = [73.0\%, 79.4\%]

Thus, the 95% confidence interval is [73.0%,79.4%][73.0\%, 79.4\%].

Step 3

An online media company claims that 80% of people believe it is safe to give their credit card details when shopping online. Conduct a hypothesis test, at the 5% level of significance, to test the company's claim.

96%

101 rated

Answer

Let:

  • Null hypothesis (H0H_0): p=0.80p = 0.80
  • Alternative hypothesis (H1H_1): p0.80p \neq 0.80

From the confidence interval calculated in Part (ii), we have: [73.0%,79.4%][73.0\%, 79.4\%]

Since 80%80\% is not within this confidence interval, we reject the null hypothesis.

Conclusion: There is sufficient evidence to reject H0H_0, concluding that the percentage of people who believe it is safe to give credit card details online is not 80%80\%.

Step 4

Write the value of A and the value of B into the boxes below.

98%

120 rated

Answer

For a normal distribution with a mean of 480 and a standard deviation of 90, the values for AA and BB representing one standard deviation from the mean are:

  • A=48090=390A = 480 - 90 = 390
  • B=480+90=570B = 480 + 90 = 570.

Step 5

Use the Empirical Rule to estimate the number of candidates in the shaded region.

97%

117 rated

Answer

According to the Empirical Rule, approximately 68% of data falls within one standard deviation from the mean in a normal distribution.

Thus, for 6500 candidates:

0.68×6500=44200.68 \times 6500 = 4420

Therefore, approximately 4420 candidates are within the shaded region.

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