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=1005 and x=534 who said "yes." Use a 99% confidence level.
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=1005 and x=534 who said "yes." Use a 99% confidence level.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 26PFA
Related questions
Question
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=1005
and
x=534
who said "yes." Use a
99%
confidence level.LOADING...
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.
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.99%
of sample proportions will fall between the lower bound and the upper bound.There is a
99%
chance that the true value of the population proportion will fall between the lower bound and the upper bound.One has
99%
confidence that the sample proportion is equal to the population proportion.Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 2 images
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt