In the spring of 2017, the Consumer Reports National Research Center conducted a survey of 1007 adults to learn about their major health-care concerns. The survey results showed that 574 of the respondents lack confidence they will be able to afford health insurance in the future. We are interested in developing a confidence interval for the population proportion of adults who lack confidence they will be able to afford health insurance in the future. a) What is the random variable in this narrative? b) Develop a 90% confidence interval for the population proportion of adults who lack confidence they will be able to afford health insurance in the future.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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In the spring of 2017, the Consumer Reports National Research Center conducted a survey of 1007 adults to learn about their major health-care concerns. The survey results showed that 574 of the respondents lack confidence they will be able to afford health insurance in the future.

We are interested in developing a confidence interval for the population proportion of adults who lack confidence they will be able to afford health insurance in the future.

a) What is the random variable in this narrative?

b) Develop a 90% confidence interval for the population proportion of adults who lack confidence they will be able to afford health insurance in the future.

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