total of 922 BC residents were randomly selected and asked whether they are planning to do any travelling during the upcoming spring break. 360 respondents said they intended to travel. Point estimate = 360/ 922 = 0.39 Margin of Error (95% Confindence interval)= 1.96×√0.39(1-0.39)/ 922 = 0.0315 Margin of Error (99% Confindence interval)= 2.58×√0.39(1-0.39)/ 922 = 0.0414 Write out the formula and calculate the 95% confidence interval. Report and interpret your results in a sentence.
total of 922 BC residents were randomly selected and asked whether they are planning to do any travelling during the upcoming spring break. 360 respondents said they intended to travel. Point estimate = 360/ 922 = 0.39 Margin of Error (95% Confindence interval)= 1.96×√0.39(1-0.39)/ 922 = 0.0315 Margin of Error (99% Confindence interval)= 2.58×√0.39(1-0.39)/ 922 = 0.0414 Write out the formula and calculate the 95% confidence interval. Report and interpret your results in a sentence.
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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A total of 922 BC residents were randomly selected and asked whether they are planning to do any travelling during the upcoming spring break. 360 respondents said they intended to travel.
Point estimate = 360/ 922 = 0.39
Margin of Error (95% Confindence interval)= 1.96×√0.39(1-0.39)/ 922 = 0.0315
Margin of Error (99% Confindence interval)= 2.58×√0.39(1-0.39)/ 922 = 0.0414
- Write out the formula and calculate the 95% confidence interval. Report and interpret your results in a sentence.
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