A sample of 180 teachers in the state of Arkansas found that 55 were thinking of retiring in the next five years. (a) Provide a 95% confidence interval for the proportion of Arkansas teachers who were thinking of retiring in the next five years. (Round your answers to five decimal places.) (b) There are 38 thousand teachers in Arkansas. Determine the 95% confidence interval for the number (how many) of teachers thinking of retiring in the next five years in the entire state. (Round your answers to the nearest whole number.) teachers

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**Retirement Intentions among Arkansas Teachers: Statistical Analysis**

A study was conducted among 180 teachers in the state of Arkansas to assess their retirement plans. The results revealed that 35 of these teachers were considering retirement within the next five years.

**Tasks:**

(a) **Confidence Interval for Proportion**: Calculate a 95% confidence interval for the proportion of Arkansas teachers contemplating retirement in the next five years. Ensure your calculations are rounded to five decimal places.

- Confidence Interval: [ ___ ] to [ ___ ]

(b) **Estimated Number of Retiring Teachers**: Given that there are 38,000 teachers in Arkansas, determine the 95% confidence interval for the actual number (how many) of teachers likely to retire in the next five years. Round your final answers to the nearest whole number.

- Number of Teachers: [ ___ ] to [ ___ ] 

This analysis helps in understanding the potential retirement rate among teachers, which is crucial for workforce planning and policy formulation in the educational sector.
Transcribed Image Text:**Retirement Intentions among Arkansas Teachers: Statistical Analysis** A study was conducted among 180 teachers in the state of Arkansas to assess their retirement plans. The results revealed that 35 of these teachers were considering retirement within the next five years. **Tasks:** (a) **Confidence Interval for Proportion**: Calculate a 95% confidence interval for the proportion of Arkansas teachers contemplating retirement in the next five years. Ensure your calculations are rounded to five decimal places. - Confidence Interval: [ ___ ] to [ ___ ] (b) **Estimated Number of Retiring Teachers**: Given that there are 38,000 teachers in Arkansas, determine the 95% confidence interval for the actual number (how many) of teachers likely to retire in the next five years. Round your final answers to the nearest whole number. - Number of Teachers: [ ___ ] to [ ___ ] This analysis helps in understanding the potential retirement rate among teachers, which is crucial for workforce planning and policy formulation in the educational sector.
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