The management of a health insurance company wants to know the percentage of its policyholders who have tried alternative treatments (such as acupuncture, herbal therapy, etc.). Arandom sample of 20 of the company's policyholders were asked whether or not they have ever tried such treatments. The following are their responses. Yes Yes No No No No No Yes No No No Yes Yes No Yes Yes No No Yes Yes Find a 99% confidence interval for the percentage pof this company's policyholders who have tried alternative treatments. Round your answers to two decimal places. %
The management of a health insurance company wants to know the percentage of its policyholders who have tried alternative treatments (such as acupuncture, herbal therapy, etc.). Arandom sample of 20 of the company's policyholders were asked whether or not they have ever tried such treatments. The following are their responses. Yes Yes No No No No No Yes No No No Yes Yes No Yes Yes No No Yes Yes Find a 99% confidence interval for the percentage pof this company's policyholders who have tried alternative treatments. Round your answers to two decimal places. %
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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![**Text Transcription:**
The management of a health insurance company wants to know the percentage of its policyholders who have tried alternative treatments (such as acupuncture, herbal therapy, etc.). A random sample of 20 of the company’s policyholders were asked whether or not they have ever tried such treatments. The following are their responses:
Yes, Yes, No, No, No, No, No, No, Yes, No, No, No, Yes, No, Yes, Yes, No, No, Yes, Yes
Find a 99% confidence interval for the percentage \( p \) of this company’s policyholders who have tried alternative treatments.
Round your answers to two decimal places.
\[ \text{[ ]} \% \leq p \leq \text{[ ]} \% \]
**Instructions for Use on Educational Website:**
- Consider the provided responses from the 20 policyholders.
- Calculate the proportion of those who responded "Yes" to determine how many have tried alternative treatments.
- Use statistical methods to find the 99% confidence interval for the percentage of all policyholders who have tried these treatments.
- Ensure to round your final confidence interval limits to two decimal places before inputting into the boxes provided.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcb3b9bba-00e1-4d71-97c7-f81f90965c27%2F544072ea-eb8f-48d8-b060-82fed806b08e%2Fwpfo1mi_processed.png&w=3840&q=75)
Transcribed Image Text:**Text Transcription:**
The management of a health insurance company wants to know the percentage of its policyholders who have tried alternative treatments (such as acupuncture, herbal therapy, etc.). A random sample of 20 of the company’s policyholders were asked whether or not they have ever tried such treatments. The following are their responses:
Yes, Yes, No, No, No, No, No, No, Yes, No, No, No, Yes, No, Yes, Yes, No, No, Yes, Yes
Find a 99% confidence interval for the percentage \( p \) of this company’s policyholders who have tried alternative treatments.
Round your answers to two decimal places.
\[ \text{[ ]} \% \leq p \leq \text{[ ]} \% \]
**Instructions for Use on Educational Website:**
- Consider the provided responses from the 20 policyholders.
- Calculate the proportion of those who responded "Yes" to determine how many have tried alternative treatments.
- Use statistical methods to find the 99% confidence interval for the percentage of all policyholders who have tried these treatments.
- Ensure to round your final confidence interval limits to two decimal places before inputting into the boxes provided.
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