The Consumer Reports National Research Center conducted a telephone survey of 2000 adults to learn about the major economic concerns for the future (Consumer reports, January 2009). The survey results showed that 1760 of the respondents think the future health of Social Security is a major economic concern. a. What is the point estimate of the population proportion of adults who think the future health of Social Security is a major economic concern. b. At 90% confidence, what is the margin of error? c. Develop a 90% confidence interval for the population proportion of adults who think the future health of Social Security is a major economic concern
The Consumer Reports National Research Center conducted a telephone survey of 2000 adults to learn about the major economic concerns for the future (Consumer reports, January 2009). The survey results showed that 1760 of the respondents think the future health of Social Security is a major economic concern. a. What is the point estimate of the population proportion of adults who think the future health of Social Security is a major economic concern. b. At 90% confidence, what is the margin of error? c. Develop a 90% confidence interval for the population proportion of adults who think the future health of Social Security is a major economic concern
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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The Consumer Reports National Research Center conducted a telephone survey of 2000
adults to learn about the major economic concerns for the future (Consumer reports, January
2009). The survey results showed that 1760 of the respondents think the future health of
Social Security is a major economic concern.
a. What is the point estimate of the population proportion of adults who think the future
health of Social Security is a major economic concern.
b. At 90% confidence, what is the margin of error?
c. Develop a 90% confidence interval for the population proportion of adults who think
the future health of Social Security is a major economic concern.
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