sort of financial aid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid. The 95% confidence interval for p is 0.59 ± 0.07. Interpret this interval. Group of answer choices A) We are 95 percent confident that the true proportion of all students receiving financial aid is between 0.52 and 0.66 B) 95 per
sort of financial aid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid. The 95% confidence interval for p is 0.59 ± 0.07. Interpret this interval. Group of answer choices A) We are 95 percent confident that the true proportion of all students receiving financial aid is between 0.52 and 0.66 B) 95 per
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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A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid. The 95% confidence interval for p is 0.59 ± 0.07. Interpret this interval.
Group of answer choices
A) We are 95 percent confident that the true proportion of all students receiving financial aid is between 0.52 and 0.66
B) 95 percent of the students get between 52 percent and 66 percent of their tuition paid for by financial aid
C) We are 95 percent confident that between 52 percent and 66 percent of the sampled students receive some sort of financial aid
D) We are 95 percent confident that 59 percent of the students are on some sort of financial aid
Expert Solution
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Given that
| Favorable Cases = | |
| Sample Size n= |
95% confidence interval for population proportion
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