Find out the standard error of proportion, Basic Statistics

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Find out the standard error of proportion

Find the Standard error and confidence interval for proportion.

A home owner claims that the current market value of his house is at least $400,000. Sixteen real estate agents were asked independently to estimate the house's value and 9 supported the homeowners claim.
i) Find out the standard Error of Proportion.
ii) Find out the 95% confidence interval for the population proportion.
iii) Find the 99 percent confidence interval for the population proportion.

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Basic Statistics: Find out the standard error of proportion

Reference No:- TGS021955

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Basic Statistics: Find out the standard error of proportion

Reference No:- TGS021955

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : Wiener process-normal distribution

Q : Computing amount for net service credit or debit

Q : Calculate cost of common equity and wacc

Q : Global crimes and criminal issues

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Find out the standard error of proportion

Reference No:- TGS021955

Recent Questions Asked Basic Statistics

Q : Wiener process-normal distribution

Q : Computing amount for net service credit or debit

Q : Calculate cost of common equity and wacc

Q : Global crimes and criminal issues

Q : Find out the standard error of proportion

Q : Future correctional philosophies

Q : Find the mean and standard deviation for sample

Q : Computing total equity for business

Q : Determine the analysis and state the null

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