1) (9.1) A study was conducted asking adult American workers, "Do you currently have less than $10,000 in savings?" Of the respondents, 496 of 1153 responded that they have less than $10,000 in savings. Construct a 90% confidence interval for the population proportion of adult American workers that have less than $10,000 in savings.
1) (9.1) A study was conducted asking adult American workers, "Do you currently have less than $10,000 in savings?" Of the respondents, 496 of 1153 responded that they have less than $10,000 in savings. Construct a 90% confidence interval for the population proportion of adult American workers that have less than $10,000 in savings.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Given that:
Count of successes, x=496
Total number of respondents in the study or sample size, n=1153
Confidence level=90%
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