In a survey of 3058 adults, 1420 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 ( . (Round to three decimal places as needed.) Interpret your results. Choose the correct answer below. O A. The endpoints of the given confidence interval show that adults pay bills online 99% of the time. O B. 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 C. 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.

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
Topic Video
Question
In a survey of 3,058 adults, 1,420 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 [   ] (Round to three decimal places as needed.)

Interpret your results. Choose the correct answer below.

- ○ A: The endpoints of the given confidence interval show that adults pay bills online 99% of the time.
- ○ B: 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.
- ○ C: 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.

Click to select your answer(s).
Transcribed Image Text:In a survey of 3,058 adults, 1,420 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 [ ] (Round to three decimal places as needed.) Interpret your results. Choose the correct answer below. - ○ A: The endpoints of the given confidence interval show that adults pay bills online 99% of the time. - ○ B: 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. - ○ C: 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. Click to select your answer(s).
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
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