Mathematics, 02.03.2020 23:10 claupatri120

Jolly Blue Giant Health Insurance (JBGHI) is concerned about rising lab test costs and would like to know what proportion of the positive lab tests for prostate cancer are actually proven correct through subsequent biopsy. JBGHI demands a sample large enough to ensure an error of  2% with 90% confidence. What is the necessary sample size?

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Answer from: Ramar59

$n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}$ (b)

Since we don't have prior estimation for the estimated proportion we can use $\hat p =0.5$

And replacing into equation (b) the values from part a we got:

$n=\frac{0.5(1-0.5)}{(\frac{0.02}{1.64})^2}=1681$

And rounded up we have that n=1681

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".

The margin of error is the range of values below and above the sample statistic in a confidence interval.

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The population proportion have the following distribution

$p \sim N(p,\sqrt{\frac{p(1-p)}{n}})$

Solution to the problem

In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 90% of confidence, our significance level would be given by $\alpha=1-0.90=0.1$ and $\alpha/2 =0.05$ . And the critical value would be given by:

$z_{\alpha/2}=-1.64, z_{1-\alpha/2}=1.64$

The margin of error for the proportion interval is given by this formula:

$ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}$ (a)

And on this case we have that $ME =\pm 0.02$ and we are interested in order to find the value of n, if we solve n from equation (a) we got:

$n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}$ (b)

Since we don't have prior estimation for the estimated proportion we can use $\hat p =0.5$

And replacing into equation (b) the values from part a we got:

$n=\frac{0.5(1-0.5)}{(\frac{0.02}{1.64})^2}=1681$

And rounded up we have that n=1681

Answer from: Quest

x =-.20752

step-by-step explanation:

4^(x+2)=12

take the log base 4 on each side

log 4 (4^(x+2) = log 4(12)

we know log b(a^y) = y log b (a)

(x+2) log 4(4) = log 4 (12)

x+2 = log 4 (12)

we know logb c = loga c/loga b

we want to convert to base 10 so a = 10

by default, we do not write the 10 c = 4 and b = 10

log4 10 = log 12/log 4

log4 10 = log 12/ log 4

x+2 = log 12/ log 4

subtract 2 from each side

x +2 -2 = log 12/ log 4 -2

x = 1.79248125 -2

x =-.20752

Answer from: Quest

choose (5, 1.5) and (-1.5,-3.5)

step-by-step explanation:

5 - 1.5 =3.5

-1.5 - (-3.5) = 2

3.5 + 2 =5.5

hope this !

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