The Indian River County Economic Development Board needs to estimate the proportion of all county residents who have earned at least a bachelor's degree. A random sample conducted by the Indian River County Economic Development Board found that 28.7% of all county residents held at least a bachelor's degree. Find three different confidence intervals one with sample size 150, one with sample size 542, and one with sample size 813. Assume that 28.7% of the county residents in each sample have earned at least a bachelor's degree. Notice how the sample size affects the margin of error and the width of the interval. Report confidence interval solutions using interval notation. Report all solutions in percent form, rounded to two decimal places, if necessary. - When n=150, the margin of error for a 95% confidence interval is given by When n=150, a 95% confidence interval is given by • When n = 542, the margin of error for a 95% confidence interval is given by When 7-542, a 95% confidence interval is given by When n813, the margin of error for a 95% confidence interval is given by When 1813, a 95% confidence interval is given by If the sample size is increased, leaving all other characteristics constant, the margin of error of the confidence interval will decrease If the sample size is increased, leaving all other characteristics constant, the width of the confidence interval will decrease

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
Question

Please no written by hand solution

 

The Indian River County Economic Development Board needs to estimate the proportion of all county
residents who have earned at least a bachelor's degree. A random sample conducted by the Indian River
County Economic Development Board found that 28.7% of all county residents held at least a bachelor's
degree.
Find three different confidence intervals one with sample size 150, one with sample size 542, and one
with sample size 813. Assume that 28.7% of the county residents in each sample have earned at least a
bachelor's degree. Notice how the sample size affects the margin of error and the width of the interval.
Report confidence interval solutions using interval notation. Report all solutions in percent form, rounded
to two decimal places, if necessary.
When n=150, the margin of error for a 95% confidence interval is given by
When n = 150, a 95% confidence interval is given by
• When n 542, the margin of error for a 95% confidence interval is given by
542, a 95% confidence interval is given by
•When n 813, the margin of error for a 95% confidence interval is given by
When 1813, a 95% confidence interval is given by
If the sample size is increased, leaving all other characteristics constant, the margin of error of the
confidence interval will decrease
When
if the sample size is increased, leaving all other characteristics constant, the width of the confidence i
interval will decrease
Transcribed Image Text:The Indian River County Economic Development Board needs to estimate the proportion of all county residents who have earned at least a bachelor's degree. A random sample conducted by the Indian River County Economic Development Board found that 28.7% of all county residents held at least a bachelor's degree. Find three different confidence intervals one with sample size 150, one with sample size 542, and one with sample size 813. Assume that 28.7% of the county residents in each sample have earned at least a bachelor's degree. Notice how the sample size affects the margin of error and the width of the interval. Report confidence interval solutions using interval notation. Report all solutions in percent form, rounded to two decimal places, if necessary. When n=150, the margin of error for a 95% confidence interval is given by When n = 150, a 95% confidence interval is given by • When n 542, the margin of error for a 95% confidence interval is given by 542, a 95% confidence interval is given by •When n 813, the margin of error for a 95% confidence interval is given by When 1813, a 95% confidence interval is given by If the sample size is increased, leaving all other characteristics constant, the margin of error of the confidence interval will decrease When if the sample size is increased, leaving all other characteristics constant, the width of the confidence i interval will decrease
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
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