he North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 420 out of 912 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States.Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places.Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places.Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places.Can you conclude that more than half of Americans believe that NAFTA was bad for the United States?No conclusions can be drawn since the confidence interval contains 0.50.Yes, the entire confidence is above 0.50.No, the entire confidence interval is below 0.50.

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Answered: he North American Free Trade Agreement…

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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he North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 420 out of 912 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States.

Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places.
Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places.
Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places.
Can you conclude that more than half of Americans believe that NAFTA was bad for the United States?
- No conclusions can be drawn since the confidence interval contains 0.50.
- Yes, the entire confidence is above 0.50.
- No, the entire confidence interval is below 0.50.

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