In a survey of 2847 adults, 1405 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. Interpret the results. A 99% confidence interval for the population proportion is
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
I was able to find q=0.578, but i dont know how to locate the left and right endpoint.
![**Survey Analysis and Confidence Interval Construction**
In a survey conducted with 2,847 adults, 1,405 respondents reported that they have started paying bills online in the last year.
**Objective:**
Construct a 99% confidence interval for the population proportion and interpret the results.
**Process:**
To achieve this, follow the standard procedure for constructing confidence intervals for a population proportion.
**Result Interpretation:**
A 99% confidence interval for the population proportion is denoted as \((\_\_\_, \_\_\_)\).
(Round to three decimal places as needed.)
This interval will provide a range in which we are 99% confident that the true population proportion lies within. Calculations should include determining the sample proportion, standard error, and using the critical value for a 99% confidence level.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9a06fc7f-7f42-48df-8a28-6bceeae0df1d%2F5904b21a-2d93-4142-872b-e985835d8f45%2Fxzmmtn99_processed.png&w=3840&q=75)
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