In the Star and Tribune newspaper, there is an article entitled "1 in 8 school buses fail tests." Thearticle says that the overall statewide proportion of school buses that fail safety tests is 9%.However, one bus company has a higher rate of over 12%. Assume that we want a new estimate forthe statewide proportion of school buses that fail the safety inspection. We take a sample of 500buses and find that 90 buses fail the safety inspection.Based on the new sample data, I construct this 90% confidence interval estimate for p:152 < p < .208.Explain what this confidence interval means.O I am 90% sure that the number of buses that fail the inspection is between.152 and .208.O I am 95% sure that the true proportion of buses that fail the inspection is between .152 and .208.O I am 90% sure that the proportion of buses in this sample that fail the inspection is between .152 and .208.O I am 90% sure that the true proportion of buses that fail the inspection is between .152 and .208.

Given information: 90% confidence interval estimate for 0.152<p<0.208.

Answered: In the Star and Tribune newspaper,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Is the statement below true or false?A sample is all individuals, objects, or measurements whose properties are being studied.

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