Finding odds in favor of success


Assignment:

Question 1. The Arkansas State Police wish to estimate the average mph being traveled on the interstate highways, which cross the state. If the estimate is to be within 8 mpg of the true mean with 98% confidence and the estimated standard deviation is 22 mph, how large a sample size must be taken?

Question 2. The odds in favor of an event are the number of successes divided by the number of failures. The probability of this event occurring is the number of successes divided by the sum of the number of successes and the number of failures. The number of successes is five and the number of failures is four. Find the odds in favor of success.

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Basic Statistics: Finding odds in favor of success
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