In a June 2021 survey by Insider, “52% Americans want all student-loan borrowers to have their debt forgiven”. A random sample of 3600 adults through GoBankingRates – personal finance portal. 444 a.) Find the 90% confidence interval for the true proportion of Americans that want all student loan borrowers to have their debt forgiven. b.) Let’s say the full sample has a margin of error of plus/minus 3.6 percentage points. If we want a margin of error of 3 percentage points with 95% confidence, how large of a sample should be used
In a June 2021 survey by Insider, “52% Americans want all student-loan borrowers to have their debt forgiven”. A random sample of 3600 adults through GoBankingRates – personal finance portal. 444 a.) Find the 90% confidence interval for the true proportion of Americans that want all student loan borrowers to have their debt forgiven. b.) Let’s say the full sample has a margin of error of plus/minus 3.6 percentage points. If we want a margin of error of 3 percentage points with 95% confidence, how large of a sample should be used
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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3. In a June 2021 survey by Insider, “52% Americans want all student-loan borrowers to
have their debt forgiven”. A random sample of 3600 adults through GoBankingRates –
personal finance portal.
444
a.) Find the 90% confidence interval for the true proportion of Americans that want
all student loan borrowers to have their debt forgiven.
b.) Let’s say the full sample has a margin of error of plus/minus 3.6 percentage points.
If we want a margin of error of 3 percentage points with 95% confidence, how large of
a sample should be used
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