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=966 and x=516 who said "yes." Use a 99% confidence level. a) Find the best point estimate of the population proportion p. ? (Round to three decimal places as needed.) Part 2
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=966 and x=516 who said "yes." Use a 99% confidence level. a) Find the best point estimate of the population proportion p. ? (Round to three decimal places as needed.) Part 2
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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=966 and x=516 who said "yes." Use a 99% confidence level.
a) Find the best point estimate of the population proportion p.
?
(Round to three decimal places as needed.)
Part 2
b) Identify the value of the margin of error E.
E=?
(Round to three decimal places as needed.)
Part 3
c) Construct the confidence interval.
?<p<?
(Round to three decimal places as needed.)
Part 4
d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
99%
of sample proportions will fall between the lower bound and the upper bound.One has
99%
confidence that the sample proportion is equal to the population proportion.There is a
99%
chance that the true value of the population proportion will fall between the lower bound and the upper bound.One has
99%
confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.Expert Solution
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