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= 924 and x= 548 who said "yes." Use a 99% confidence level. E Click the icon to view a table of z scores. a) Find the best point estimate of the population proportion p. (Round to three decimal places as needed.) b) Identify the value of the margin of error E. (Round to three decimal places as needed.) c) Construct the confidence interval. (Round to three decimal places as needed.) d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below. O A. One has 99% confidence that the sample proportion is equal to the population proportion. O B. One has 99% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion. OC. There is a 99% chance that the true value of the population proportion will fall between the lower bound and the upper bound. O D. 99% of sample proportions will fall between the lower bound and the upper bound.

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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 = 924 and x = 548 who said "yes." Use a 99% confidence level.
E Click the icon to view
table of z scores.
a) Find the best point estimate of the population proportion p.
(Round to three decimal places as needed.)
b) Identify the value of the margin of error E.
(Round to three decimal places as needed.)
c) Construct the confidence interval.
]<p<]
(Round to three decimal places as needed.)
d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
O A. One has 99% confidence that the sample proportion is equal to the population proportion.
O B. One has 99% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.
O C. There is a 99% chance that the true value of the population proportion will fall between the lower bound and the upper bound.
O D. 99% of sample proportions will fall between the lower bound and the upper bound.
Transcribed Image Text: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 = 924 and x = 548 who said "yes." Use a 99% confidence level. E Click the icon to view table of z scores. a) Find the best point estimate of the population proportion p. (Round to three decimal places as needed.) b) Identify the value of the margin of error E. (Round to three decimal places as needed.) c) Construct the confidence interval. ]<p<] (Round to three decimal places as needed.) d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below. O A. One has 99% confidence that the sample proportion is equal to the population proportion. O B. One has 99% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion. O C. There is a 99% chance that the true value of the population proportion will fall between the lower bound and the upper bound. O D. 99% of sample proportions will fall between the lower bound and the upper bound.
POSITIVE z Scores
Standard Normal (2) Distribution: Cumulative Area from the LEFT
00
04
07
00
5000
S040 S00 S120 S100 S1 239 s279
00
01
S S478 S817 S55 5 S83
S14
S753
01
02
6103
6141
02
03
8179
217
8331 6368 4
640
6517
03
04
6700
679
04
0.
es 7019 7064 70
7123
71S7
7190
7224
0.5
04
724
7367 7
746 17
7549
06
Je3 704 74
07
J642
07
3078 106
8133
08
0.9
R12
8159
823 264
8340
09
1.0
577
1.0
1.1
A790
10
11
12
0 eS
44
12
1.3
902 S049
131
3147
9162
9177
13
14
14
1.5
s004 4
3418
3441
15
S43 474
ss : 0s
645
14
14
1.7
wan
0 616
9633
17
18
18
1.9
S713
9738
3761
19
20
12
20
21
21
21
22
22
23
se se0 2001
004
13
23
24
918
931
24
25
945
25
26
969
64
26
27
70
071
27
28
28
29
29
30
3.0
31
31
32
32
33
33
34
34
3.50. and up
3.50. and up
00
03
04
08
Standard Normal (2) Distribution: Cumulative Area from the LEFT
Transcribed Image Text:POSITIVE z Scores Standard Normal (2) Distribution: Cumulative Area from the LEFT 00 04 07 00 5000 S040 S00 S120 S100 S1 239 s279 00 01 S S478 S817 S55 5 S83 S14 S753 01 02 6103 6141 02 03 8179 217 8331 6368 4 640 6517 03 04 6700 679 04 0. es 7019 7064 70 7123 71S7 7190 7224 0.5 04 724 7367 7 746 17 7549 06 Je3 704 74 07 J642 07 3078 106 8133 08 0.9 R12 8159 823 264 8340 09 1.0 577 1.0 1.1 A790 10 11 12 0 eS 44 12 1.3 902 S049 131 3147 9162 9177 13 14 14 1.5 s004 4 3418 3441 15 S43 474 ss : 0s 645 14 14 1.7 wan 0 616 9633 17 18 18 1.9 S713 9738 3761 19 20 12 20 21 21 21 22 22 23 se se0 2001 004 13 23 24 918 931 24 25 945 25 26 969 64 26 27 70 071 27 28 28 29 29 30 3.0 31 31 32 32 33 33 34 34 3.50. and up 3.50. and up 00 03 04 08 Standard Normal (2) Distribution: Cumulative Area from the LEFT
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