A random sample of n = 900 observations from a binomial population produced x = 686 successes. USE SALT Give the best point estimate for the binomial proportion p. (Round your answer to three decimal places.) p = Calculate the 95% margin of error. (Round your answer to three decimal places.)
A random sample of n = 900 observations from a binomial population produced x = 686 successes. USE SALT Give the best point estimate for the binomial proportion p. (Round your answer to three decimal places.) p = Calculate the 95% margin of error. (Round your answer to three decimal places.)
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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![A random sample of \( n = 900 \) observations from a binomial population produced \( x = 686 \) successes.
**Give the best point estimate for the binomial proportion \( p \).** (Round your answer to three decimal places.)
\[
\hat{p} = \text{[ ]}
\]
**Calculate the 95% margin of error.** (Round your answer to three decimal places.)
\[
\text{[ ]}
\]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbff43673-f06b-43ca-b409-46eb420ace6b%2F60c445ca-ea3e-4b03-9341-87edbd59f54d%2Fhfdvcw_processed.png&w=3840&q=75)
Transcribed Image Text:A random sample of \( n = 900 \) observations from a binomial population produced \( x = 686 \) successes.
**Give the best point estimate for the binomial proportion \( p \).** (Round your answer to three decimal places.)
\[
\hat{p} = \text{[ ]}
\]
**Calculate the 95% margin of error.** (Round your answer to three decimal places.)
\[
\text{[ ]}
\]
Expert Solution
Step 1
Answer: - Given, the sample size n = 900, and x = 686.
Find the population proportion
and Margin of error
Step by step
Solved in 2 steps
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