Chat with us, powered by LiveChat Write a paragraph to explain your results. State you guess and the computed probability of success from Project #2. Show the formulas you used to compute the 90%, 95% and the 99% con | Wridemy

Write a paragraph to explain your results. State you guess and the computed probability of success from Project #2. Show the formulas you used to compute the 90%, 95% and the 99% con

 Write a paragraph to explain your results. State you guess and the computed probability of success from Project #2. Show the formulas you used to compute the 90%, 95% and the 99% confidence intervals, and state each confidence interval. Explain if any of these intervals contain your original guess.  Do you consider your original guess accurate or inaccurate?  

Omar Lewis

Binomial Probability Experiment

The chosen binomial experiment is to ask 100 college students about their age. For the experiment to me deemed successful, the age group has to be between 18 years and 30 years (Illowsky, Dean, & Illowsky, 2017). It is estimated there is 60% success rate.

The results of the experiments are as follows:

Students

Age

Success or Failure

1

21

Success

2

37

Failure

3

18

Success

4

36

Failure

5

44

Failure

6

31

Failure

7

42

Failure

8

30

Failure

9

34

Failure

10

21

Success

11

26

Success

12

30

Failure

13

25

Success

14

35

Failure

15

35

Failure

16

44

Failure

17

28

Success

18

27

Success

19

19

Success

20

22

Success

21

35

Failure

22

43

Failure

23

38

Failure

24

23

Success

25

26

Success

26

39

Failure

27

31

Failure

28

21

Success

29

23

Success

30

35

Failure

31

32

Failure

32

34

Failure

33

33

Failure

34

25

Success

35

43

Failure

36

27

Success

37

27

Success

38

31

Failure

39

38

Failure

40

34

Failure

41

41

Failure

42

18

Success

43

22

Success

44

17

Success

45

30

Failure

46

19

Success

47

26

Success

48

33

Failure

49

42

Failure

50

42

Failure

 

Success

21

 

Failure

29

From the results of the above test, the probability of success was 21/50= .42= 42%

The reason why there 42% success rate is that there are many support staff in colleges whose age varies greatly. It is also possible to find old students (Illowsky, Dean, & Illowsky, 2017).

2

Instructions for Project 3 Assignment :

Use the results of Project #2. Recall that you performed a binomial probability experiment 50 times. In Project #3, you will calculate a 90% confidence interval, a 95% confidence interval, and a 99% confidence interval for the true probability of success

Hints: Suppose, you guessed that there would be 28 successes i.e. p = .56 or 56%. After the actual experiment was done, you got 24 successes which gives a result of p = .48 or 48% and q = .52 or 52%. Therefore, the actual probability deviates from the guess 56%. Use the computed values of p and q when computing the confidence intervals (not your guess.)

Write a paragraph to explain your results. State you guess and the computed probability of success from Project #2. Show the formulas you used to compute the 90%, 95% and the 99% confidence intervals, and state each confidence interval. Explain if any of these intervals contain your original guess. Do you consider your original guess accurate or inaccurate?

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