] In a sociological survey, a 1-in-50 systematic sample is drawn from city tax records to determine the total number of families in the city who rent their homes. Let y, =1 if the family in the i-th household sampled rents and let y, = 0 if family does not. There are N = 15,200 households in the community. Given that 304 Ey, = 88. i=1 Estimate the proportion of families who rent their homes. Would you say that most families rent their homes? Explain. | Estimate the total number of families who rent. Place a bound on the error of estimation. a. b. С. [Hint: If P is the estimated fraction who rent, then NP is an estimate of the total number who rent; v (NP) = N²v (P).]

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Needed to be solved part c correclty in 30 minutes and get the thumbs up please show neat and clean work please do it on time
] In a sociological survey, a 1-in-50 systematic sample is drawn from
city tax records to determine the total number of families in the city who rent their
homes. Let y, =1 if the family in the i-th household sampled rents and let y, = 0
if family does not. There are N = 15,200 households in the community. Given that
304
Ey, = 88.
i=1
Estimate the proportion of families who rent their homes.
Would you say that most families rent their homes? Explain.
| Estimate the total number of families who rent. Place a bound on the
a.
b.
С.
error of estimation.
[Hint: If P is the estimated fraction who rent, then NP is an estimate of the total
number who rent; v (NP) = N°v (P).]
Transcribed Image Text:] In a sociological survey, a 1-in-50 systematic sample is drawn from city tax records to determine the total number of families in the city who rent their homes. Let y, =1 if the family in the i-th household sampled rents and let y, = 0 if family does not. There are N = 15,200 households in the community. Given that 304 Ey, = 88. i=1 Estimate the proportion of families who rent their homes. Would you say that most families rent their homes? Explain. | Estimate the total number of families who rent. Place a bound on the a. b. С. error of estimation. [Hint: If P is the estimated fraction who rent, then NP is an estimate of the total number who rent; v (NP) = N°v (P).]
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