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Facing the threat of unemployment rates reaching a new high, the Australian government decided to identify the proportion of Australians adults aged between 18 and 25 who worked currently worked full-time as a proxy for future employment. After conducting a telephone survey of 612 Australians adults under 25, an interval estimate of 0.834 to 0.873 was calculated. Determine the level of confidence (answer as percentage correct to two decimal places).

Facing the threat of unemployment rates reaching a new high, the Australian government decided to identify the proportion of Australians adults aged between 18 and 25 who worked currently worked full-time as a proxy for future employment. After conducting a telephone survey of 612 Australians adults under 25, an interval estimate of 0.834 to 0.873 was calculated. Determine the level of confidence (answer as percentage correct to two decimal places).

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Facing the threat of unemployment rates reaching a new high, the Australian government decided to identify the proportion of Australians adults aged between 18 and 25 who worked currently worked full-time as a proxy for future employment. After conducting a telephone survey of 612 Australians adults under 25, an interval estimate of 0.834 to 0.873 was calculated. Determine the level of confidence (answer as percentage correct to two decimal places).
Transcribed Image Text:Facing the threat of unemployment rates reaching a new high, the Australian government decided to identify the proportion of Australians adults aged between 18 and 25 who worked currently worked full-time as a proxy for future employment. After conducting a telephone survey of 612 Australians adults under 25, an interval estimate of 0.834 to 0.873 was calculated. Determine the level of confidence (answer as percentage correct to two decimal places).
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