A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n = 946 and x= 530 who said "yes." Use a 99% confidence level. Click the icon to view a table of z scores. a) Find the best point estimate of the population proportion p. (Round to three decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question
**Use the sample data and confidence level given below to complete parts (a) through (d).**

A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, \( n = 946 \) and \( x = 530 \) who said "yes." Use a 99% confidence level.

[Click the icon to view a table of z scores.]

**a) Find the best point estimate of the population proportion \( p \).**

[Round to three decimal places as needed.]

---

**Instructions:**

Enter your answer in the answer box and then click Check Answer.

**3 parts remaining**

[Button: Clear All] [Button: Check Answer]

**Note:** This task involves calculating the best point estimate of the population proportion \( p \) based on the sample data. Use the formula for the sample proportion \( \hat{p} = \frac{x}{n} \) to find the point estimate. Round your answer to three decimal places.
Transcribed Image Text:**Use the sample data and confidence level given below to complete parts (a) through (d).** A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, \( n = 946 \) and \( x = 530 \) who said "yes." Use a 99% confidence level. [Click the icon to view a table of z scores.] **a) Find the best point estimate of the population proportion \( p \).** [Round to three decimal places as needed.] --- **Instructions:** Enter your answer in the answer box and then click Check Answer. **3 parts remaining** [Button: Clear All] [Button: Check Answer] **Note:** This task involves calculating the best point estimate of the population proportion \( p \) based on the sample data. Use the formula for the sample proportion \( \hat{p} = \frac{x}{n} \) to find the point estimate. Round your answer to three decimal places.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 13 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Proportions
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman