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 = 948 and x = 538 who said "yes." Use a 90% 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. E = (Round to three decimal places as needed.) c) Construct the confidence interval.
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 = 948 and x = 538 who said "yes." Use a 90% 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. E = (Round to three decimal places as needed.) c) Construct the confidence interval.
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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![### Confidence Interval and Point Estimate for Population Proportion
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, \( n = 948 \) and \( x = 538 \) who said "yes." Use a 90% confidence level.
#### Steps to Solve:
1. **Click the icon to view a table of z scores.** (A table of z scores is typically provided in statistics textbooks and online resources to help determine the critical value for the confidence interval.)
#### a) Find the best point estimate of the population proportion \( p \).
\[ \text{Point Estimate} = \frac{x}{n} \]
\[ \boxed{} \]
*(Round to three decimal places as needed.)*
#### b) Identify the value of the margin of error \( E \).
\[ E = z \times \sqrt{\frac{p(1 - p)}{n}} \]
\[ \text{Where:} \]
- \( z \) is the critical value for the 90% confidence level
- \( p \) is the sample proportion calculated in part (a)
\[ E = \boxed{} \]
*(Round to three decimal places as needed.)*
#### c) Construct the confidence interval.
\[ p - E < p < p + E \]
\[ \boxed{} < p < \boxed{} \]
*(Round to three decimal places as needed.)*
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This page guides you through the calculations necessary to find the best point estimate, margin of error, and confidence interval for the population proportion based on a given sample data set and confidence level.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd999dab3-96c0-49cd-8795-08ed333fe24a%2F8f4318f0-9e62-4d3c-9872-3e20e2118566%2Fw5pu7tf_processed.png&w=3840&q=75)
Transcribed Image Text:### Confidence Interval and Point Estimate for Population Proportion
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, \( n = 948 \) and \( x = 538 \) who said "yes." Use a 90% confidence level.
#### Steps to Solve:
1. **Click the icon to view a table of z scores.** (A table of z scores is typically provided in statistics textbooks and online resources to help determine the critical value for the confidence interval.)
#### a) Find the best point estimate of the population proportion \( p \).
\[ \text{Point Estimate} = \frac{x}{n} \]
\[ \boxed{} \]
*(Round to three decimal places as needed.)*
#### b) Identify the value of the margin of error \( E \).
\[ E = z \times \sqrt{\frac{p(1 - p)}{n}} \]
\[ \text{Where:} \]
- \( z \) is the critical value for the 90% confidence level
- \( p \) is the sample proportion calculated in part (a)
\[ E = \boxed{} \]
*(Round to three decimal places as needed.)*
#### c) Construct the confidence interval.
\[ p - E < p < p + E \]
\[ \boxed{} < p < \boxed{} \]
*(Round to three decimal places as needed.)*
---
This page guides you through the calculations necessary to find the best point estimate, margin of error, and confidence interval for the population proportion based on a given sample data set and confidence level.

Transcribed Image Text:**Interpreting Confidence Intervals**
**Question:**
Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
**Options:**
A. One has 90% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.
B. 90% of sample proportions will fall between the lower bound and the upper bound.
C. There is a 90% chance that the true value of the population proportion will fall between the lower bound and the upper bound.
D. One has 90% confidence that the sample proportion is equal to the population proportion.
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