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Socialist Party Voters
A pollster in Italy wants to challenge a claim that 5% of the registered voters in his country are Socialists; he thinks the percentage is lower than that.In a test of hypothesis,H0: p = 0.05 vs.H1: p < 0.05,his random sample of size 1,000 registered voters revealed that the number of Socialists was 40.
-{Socialist Voters Narrative} Construct a 95% confidence interval estimate of the population proportion and explain how to use it to test the hypotheses.
Predictive Validity
How well a rating on an examination or metric anticipates subsequent success in a similar endeavor.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values.
Reliability
Refers to the consistency and stability of a measure or test over time.
Validity
The extent to which a test, scale, or measuring instrument accurately measures what it is intended to measure.
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