Use the sample data and confidence level given below to complete parts (a) through (d). A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n=1049 and x=503 who said "yes." Use a 95% confidence level. LOADING... Click the icon to view a table of z scores. Question content area bottom Part 1 a) Find the best point estimate of the population proportion p. enter your response here (Round to three decimal places as needed.) Part 2 b) Identify the value of the margin of error E. E=enter your response here (Round to three decimal places as needed.) Part 3 c) Construct the confidence interval. enter your response here
Use the sample data and confidence level given below to complete parts (a) through (d).
A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n=1049 and x=503 who said "yes." Use a 95% confidence level.
LOADING... Click the icon to view a table of z scores.
Question content area bottom
Part 1
a) Find the best point estimate of the population proportion p.
enter your response here
(Round to three decimal places as needed.)
Part 2
b) Identify the value of the margin of error E.
E=enter your response here
(Round to three decimal places as needed.)
Part 3
c) Construct the confidence interval.
enter your response here<p<enter your response here
(Round to three decimal places as needed.)
Part 4
d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
A.
One has 95% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.
B.
95% of sample proportions will fall between the lower bound and the upper bound.
C.
There is a 95% chance that the true value of the population proportion will fall between the lower bound and the upper bound.
D.
One has 95% confidence that the sample proportion is equal to the population proportion.
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