6. to the nearest percentage point, the margin of error for this survey is?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question
a survey of folk music fans yields 95% confidence
Expert Solution
Step 1
Given:
Lower limit = 0.74
Upper limit = 0.86
The point estimate can be calculated as:
Point estimate (Sample proportion) = (Upper limit +lower limit )/2 = (0.74 + 0.86)/2 = 0.8
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