Consiruet the 99% confidence interval estimate of the population proportion p if the sample size is n = 700 and the number of successes in the sample isr = 56. Give your answers to 4 decimal places, and use at least 3 decimal places in your critical value.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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**Transcription for Educational Website:**

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**Problem Statement:**

Construct the 99% confidence interval estimate of the population proportion \( p \) if the sample size is \( n = 700 \) and the number of successes in the sample is \( x = 56 \). Provide your answers to 4 decimal places, and use at least 3 decimal places in your critical value.

\[ < p < \]

**Multiple Choice Question:**

Which of the following is the correct interpretation for your answer in part (a)?

- **A.** There is a 99% chance that the percentage of successes in the population lies in the interval.
- **B.** We can be 99% confident that the percentage of successes in the population lies in the interval.
- **C.** We can be 99% confident that the percentage of successes in the sample lies in the interval.
- **D.** None of the above.

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Transcribed Image Text:**Transcription for Educational Website:** --- **Problem Statement:** Construct the 99% confidence interval estimate of the population proportion \( p \) if the sample size is \( n = 700 \) and the number of successes in the sample is \( x = 56 \). Provide your answers to 4 decimal places, and use at least 3 decimal places in your critical value. \[ < p < \] **Multiple Choice Question:** Which of the following is the correct interpretation for your answer in part (a)? - **A.** There is a 99% chance that the percentage of successes in the population lies in the interval. - **B.** We can be 99% confident that the percentage of successes in the population lies in the interval. - **C.** We can be 99% confident that the percentage of successes in the sample lies in the interval. - **D.** None of the above. ---
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