A simple random sample of 240 people was asked if they have insurance coverage, and 90 replied that they did not have coverage. Based on these sample data, a. what is the best point estimate for the population proportion of people without insurance coverage? [Select] b. at 95% level of confidence, compute the margin of error. [Select] c. determine the 95% confidence interval estimate for the population proportion of people without [ Select] insurance coverage. d. which of the following is the best interpretation of the result? [Select] Select] The probability that interval estimate contains the population proportion of people without insurance coverage is 95% The probability that interval estimate contains the population proportion of people without insurance coverage is 5% We are 95% confident that the proportion of people without insurance coverage is between the interval. We are certain that the confidence interval contains the population proportion of people without insurance coverage.

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Author:Amos Gilat
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A simple random sample of 240 people was asked if they have insurance coverage, and 90 replied that they
did not have coverage. Based on these sample data,
a. what is the best point estimate for the population proportion of people without insurance coverage?
[Select]
b. at 95% level of confidence, compute the margin of error.
[Select]
c. determine the 95% confidence interval estimate for the population proportion of people without
insurance coverage.
[Select]
d. which of the following is the best interpretation of the result? [Select]
[Select]
The probability that interval estimate contains the population proportion of people without insurance coverage is 95%
The probability that interval estimate contains the population proportion of people without insurance coverage is 5%
We are 95% confident that the proportion of people without insurance coverage is between the interval.
We are certain that the confidence interval contains the population proportion of people without insurance coverage.
L
L
Transcribed Image Text:A simple random sample of 240 people was asked if they have insurance coverage, and 90 replied that they did not have coverage. Based on these sample data, a. what is the best point estimate for the population proportion of people without insurance coverage? [Select] b. at 95% level of confidence, compute the margin of error. [Select] c. determine the 95% confidence interval estimate for the population proportion of people without insurance coverage. [Select] d. which of the following is the best interpretation of the result? [Select] [Select] The probability that interval estimate contains the population proportion of people without insurance coverage is 95% The probability that interval estimate contains the population proportion of people without insurance coverage is 5% We are 95% confident that the proportion of people without insurance coverage is between the interval. We are certain that the confidence interval contains the population proportion of people without insurance coverage. L L
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