University of the People
Sarah Hauya
Unit 1 Math Assignment
Math 1281-01: Statistical Inference
Hitesh Verma, Instructor
Due by 21st November, 2024
PART I:
A sample was taken randomly of 675 families in the Dominican Republic, 232 responded they could
not afford $300 unexpected expenses without tapping into loans.
1. Define the population in this survey.
The population here is all families in the Dominican Republic.
2. What is the population parameter estimated in this survey?
The population parameter estimated in this case is the proportion of all families in the Dominican
Republic who cannot afford $300 unexpected expenses without involving themselves into loans.
What is the point estimate for the parameter?
\[ \hat{p} = \frac{232}{675} \]
\[ \hat{p} \approx 0.3437 \]
4. What is the statistic used to measure the uncertainty of the point estimate? Compute the statistic.
\[ SE_{\hat{p}} = \sqrt{\frac{\frac{232}{675}\left(1-\frac{232}{675}\right)}{675}} \]
\[ SE_{\hat{p}} \approx \sqrt{\frac{0.3437 \times 0.6563}{675}} \]
\[ SE_{\hat{p}} \approx \sqrt{\frac{0.225278}{675}} \]
\[ SE_{\hat{p}} \approx \sqrt{0.0003330} \]
\[ SE_{\hat{p}} \approx 0.01825 \]
5. Consider the true population value is found to be 40%. Would the resulting value change much if
we were to use this proportion to recompute the value of the statistic in (d) using \(p=0.4\)?
\[ SE_{\hat{p}} = \sqrt{\frac{0.4 \times (1-0.4)}{675}} \]
\[ SE_{\hat{p}} = \sqrt{\frac{0.24}{675}} \]
\[ SE_{\hat{p}} = \sqrt{0.0003556} \]
\[ SE_{\hat{p}} \approx 0.01886 \]
For instance, comparing the two standard errors, you will see that they are relatively close. This means
that the choice of the assumed population proportion does not significantly change the standard error in
the process.
PART II:
A cinema theatre conducted a random sample on 504 viewers over a period of a year and found that
124 of them made their visit because of a coupon they had received in their mail. Construct a 95%
confidence interval for the fraction of all those viewers who made a visit because of a coupon they’d
received in the mail.
1. Construct a 95% confidence interval for the fraction of all those viewers who made a visit because
of a coupon they’d received in the mail:
\[ \text{Confidence Interval} = \left( \frac{124}{504} - 1.96 \times \sqrt{\frac{\frac{124}{504}\left(1-\
frac{124}{504}\right)}{504}}, \, \frac{124}{504} + 1.96 \times \sqrt{\frac{\frac{124}{504}\left(1-\frac{124}
{504}\right)}{504}} \right) \]
Calculations:
\[ \text{Confidence Interval} \approx \left(0.2155 - 1.96 \times \sqrt{\frac{0.2155 \times 0.7845}
{504}},\, 0.2155 + 1.96 \times \sqrt{\frac{0.2155 \times 0.7845}{504}}\right) \] \[ \text{Confidence
Interval} \approx (0.1742, 0.2567) \]
Thus, the 95% confidence interval for the fraction of all viewers who made a visit because of a coupon
they received in the mail is approximately (17.42%, 25.67%).
Referencing
Diez, D. M., Barr, C. D., & Ketinkaya-Rundel, M. (2019). Openintro statistics - Fourth edition. Open
Textbook Library.
[Link]
