A TV report conducted a survey of 824 people in New York City and found that 31% of the population believe that the Yankees will miss the playoffs this year. In the accompanying dialogue, the reporter states, weare 98% confident that the true proportion of people in New York City who believe that the Yankees will miss the playoffs this year lies between 29% and 33% . What does 98% represent in the report?A. a confidence intervalB. a margin of errorC. a confidence levelD. a statisticE. a parameter

The sample size: n=824 The population proportion: p=31% The 98% confident that the true proportion…

Answered: A TV report conducted a survey of 824…

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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Suppose you find that the 95% confidence interval for the cost of a wedding is ($29,000, $35,000). What is the correct interpretation of this interval? Group of answer choices For the next wedding you attend, the cost will be between $29,000 and $35,000. There is a 95% probability that the sample mean is between $29,000 and $35,000. There is a 95% probability that the population mean is between $29,000 and $35,000. You are 95% confident that the mean wedding cost is between $29,000 and $35,000. thanks
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