Express the confidence interval (52.7%,62.9%) in the form of ˆp±MEp^±ME. % ±± %
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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Question
Express the confidence interval (52.7%,62.9%) in the form of ˆp±MEp^±ME.
% ±± %
% ±± %
Expert Solution
Step 1
Given the confidence interval in the open interval form:
Hence,
Step 2
Plug in all the values in the formula, we get
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