The results of a poll said about 48% of 331 Americans who decide to not go to college do so because they cannot afford it. Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. lower bound: %(please round to the nearest tenth of a percent) upper bound: %(please round to the nearest tenth of a percent) Interpretation:

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The results of a poll said about 48% of 331 Americans who decide to not go to college do so because they
cannot afford it. Calculate a 90% confidence interval for the proportion of Americans who decide to not go to
college because they cannot afford it, and interpret the interval in context.
lower bound:
%(please round to the nearest tenth of a percent)
upper bound:
%(please round to the nearest tenth of a percent)
Interpretation:
Transcribed Image Text:The results of a poll said about 48% of 331 Americans who decide to not go to college do so because they cannot afford it. Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. lower bound: %(please round to the nearest tenth of a percent) upper bound: %(please round to the nearest tenth of a percent) Interpretation:
Expert Solution
Step 1

From the provided information,

48% of 331 Americans who decide to not go to college do so because they cannot afford it.

That is n = 331 and p̂ = 0.48

Confidence level = 90%

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