A random sample of n = 500 observations from a binomial population produced x = 240 successes.
Question:
a. Find a point estimate for p, and find the margin of error for your estimator.
b. Find a 90% confidence interval for p. Interpret this interval.
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a The point estimate of p is x n 240 500 48 with approximate marg...View the full answer
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Related Book For 
Introduction To Probability And Statistics
ISBN: 9781133103752
14th Edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
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