There is an ever-increasing number of sources of getting the daily news - traditional newspapers, online, radio, nightly television newscasts, comedy shows, cellphones, podcasts, etc. In a recent telephone survey, 3204 randomly selected adult were asked to cite their primary source of daily news. Four in 10 adults said that they read a newspaper, either in print or online, almost every day. A 98% confidence interval to estimate the true proportion of adults who would read either a print newspaper or its online equivalent for their daily news is given by (0.38, 0.42). Which of the following is a correct interpretation of the confidence level? There is 98% chance that a randomly selected is one of the 40% who would read a print newspaper or its online equivalent for their daily news. Ninety-eight percent of all samples of this size would only yield a confidence interval of (0.38, 0.42). Ninety-eight percent of all the samples of size 3204 line in the confidence interval (0.38, 0.42). There is a 98% chance that the true proportion of readers who would read either a print newspaper or its online equivalent for their daily news is in the interval (0.38, 0.42).

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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There is an ever-increasing number of sources of getting the daily news -
traditional newspapers, online, radio, nightly television newscasts, comedy shows,
cellphones, podcasts, etc. In a recent telephone survey, 3204 randomly selected
adult were asked to cite their primary source of daily news. Four in 10 adults said
that they read a newspaper, either in print or online, almost every day. A 98%
confidence interval to estimate the true proportion of adults who would read
either a print newspaper or its online equivalent for their daily news is given by
(0.38, 0.42). Which of the following is a correct interpretation of the confidence
level?
There is 98% chance that a randomly selected is one of the 40% who would read a print newspaper or its
online equivalent for their daily news.
Ninety-eight percent of all samples of this size would only yield a confidence interval of (0.38, 0.42).
Ninety-eight percent of all the samples of size 3204 line in the confidence interval (0.38, 0.42).
There is a 98% chance that the true proportion of readers who would read either a print newspaper or its
online equivalent for their daily news is in the interval (0.38, 0.42).
Transcribed Image Text:There is an ever-increasing number of sources of getting the daily news - traditional newspapers, online, radio, nightly television newscasts, comedy shows, cellphones, podcasts, etc. In a recent telephone survey, 3204 randomly selected adult were asked to cite their primary source of daily news. Four in 10 adults said that they read a newspaper, either in print or online, almost every day. A 98% confidence interval to estimate the true proportion of adults who would read either a print newspaper or its online equivalent for their daily news is given by (0.38, 0.42). Which of the following is a correct interpretation of the confidence level? There is 98% chance that a randomly selected is one of the 40% who would read a print newspaper or its online equivalent for their daily news. Ninety-eight percent of all samples of this size would only yield a confidence interval of (0.38, 0.42). Ninety-eight percent of all the samples of size 3204 line in the confidence interval (0.38, 0.42). There is a 98% chance that the true proportion of readers who would read either a print newspaper or its online equivalent for their daily news is in the interval (0.38, 0.42).
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