In a survey of 2999 adults, 1474 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 ( D (Round to three decimal places as needed.) Interpret your results. Choose the correct answer below. O A. With 99% confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O B. With 99% confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O C. The endpoints of the given confidence interval show that adults pay bills online 99% of the time.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
In a survey of 2999 adults, 1474 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 ( D
(Round to three decimal places as needed.)
Interpret your results. Choose the correct answer below.
O A. With 99% confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints
of the given confidence interval.
O B. With 99% confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the
endpoints of the given confidence interval.
O C. The endpoints of the given confidence interval show that adults pay bills online 99% of the time.
Transcribed Image Text:In a survey of 2999 adults, 1474 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 ( D (Round to three decimal places as needed.) Interpret your results. Choose the correct answer below. O A. With 99% confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O B. With 99% confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O C. The endpoints of the given confidence interval show that adults pay bills online 99% of the time.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 9 images

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman