The two-page report should start with an intro paragraph of the general description and motivation of the project and end with a summary paragraph of the conclusions you would like to show

Please submit the Excel worksheet and the written report.
A high school has a population of 200 students. The school is considering opening a new
on-campus cafe. The opinions of the 200 students [in Column B] are stored in the Excel file
StudentOpinion.xlsx. If a student is in favor of a new on-campus cafe, his/her/their opinion is
coded as 1. Otherwise, his/her/their opinion is coded as 0. We denote the coded opinion [in
Column C] of a student as xi, i = 1, …, 200. The true proportion of students who are in
favor of a new on-campus café equals ?????? ?? 1′?
200
=
∑ ??
200
?=1
200
. Suppose an analyst
who doesn’t have access to this spreadsheet, would like to conduct a study about the students’
opinions. She randomly selected five students [with replacement, i.e., one student can be
repeatedly selected.] and asked their opinions about having a new on-campus cafe. Define a
random variable x: the number of students who support the proposal of a new on-campus
cafe in the sample of five students.
Complete the following tasks.
1. Compute the true proportion of students who are in favor of a new on-campus cafe.
We will see in Chapters 6 and 7 that this proportion is called the population/binomial
proportion. [Excel: = sum(data)/200, where data is the range of the data set, C2:C201
in this question.]
2. Now, we will simulate the value of x 300 times. This means we repeat the experiment
(randomly select five students) 300 times and record the value of x each time. [Excel:
To perform the experiment once (i.e., take one sample of five students),
SUM(INDEX(data,RANDBETWEEN(1,200))+INDEX(data,RANDBETWEEN(1,200))
+INDEX(data,RANDBETWEEN(1,200))+INDEX(data,RANDBETWEEN(1,200))
+INDEX(data,RANDBETWEEN(1,200)))
Explanation of the Excel functions:
(a) RANDBETWEEN(1,200)): randomly select one student from 200 students.
(b) INDEX(data,RANDBETWEEN(1,200)): locate the opinion of the randomly selected student.
(c) SUM(INDEX(data,RANDBETWEEN(1,200))+INDEX(data,RANDBETWEEN(1,200))
+INDEX(data,RANDBETWEEN(1,200))+INDEX(data,RANDBETWEEN(1,200))
+INDEX(data,RANDBETWEEN(1,200))): sum up the coded opinions of the five
randomly selected students].

3. Now, we have 300 observations of x. Compute the relative frequencies that x = 0,
x = 1, x = 2, x = 3, x = 4, and x = 5. These relative frequencies are estimated
probabilities for each possible value of x. If we repeat the sampling procedure in
Question 2 for a very large number of times (say, thousands or millions of times), the
estimated probabilities will be very close to the true probabilities, P(x = 0), P(x = 1),
…, P(x = 5).
4. Use “bar chart” function in Excel to plot the relative frequency histogram of the data
(300 observations) you generated for x.
5. Compute the sample mean and sample standard deviation of the 300 data values you
generated for x. [Excel: average(data), stdev(data)]
6. The probability that a randomly selected student is in favor of a new cafe is 0.57
(the proportion you calculated in Question 1). The selections of the five students are
identical and independent five trials. Thus, from what you have learned in class, this
experiment is a binomial experiment and x follows a binomial distribution with n = 5
trials and p = 0.57. Now, let’s use Excel to compute the exact probabilities of x, i.e.,
?(?) = (
5
?
) (0.57)
?
(1 − ?)
?−?
, ? = 0, 1, 2, 3, 4, 5. (If done by hand.)
[Excel: binom.dist(k,5,0.57,FALSE), when “FALSE”, Excel computes p(k); when “TRUE”,
Excel computes Pr(x ≤ k).]
7. Use “bar chart” function in Excel to plot the exact probability distribution of x. Compare
it to the relative frequency histogram in Question 4. Are they close? Explain.
8. Use Excel to compute the exact probability that fewer than two students in the sample
are in favor of a new cafe. [Excel: binom.dist(1,5,0.57,TRUE). Can you tell why the
first argument is 1 not 2?]
9. If the analyst randomly selected ten students instead of five, would you be surprised to
observe that fewer than three students support having a new cafe? Explain

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!