A recent survey asked 5,324 individuals: Whats most important to you when choosing where to live? The
Question:
A recent survey asked 5,324 individuals: What’s most important to you when choosing where to live? The responses are shown by the following frequency distribution.
ResponseFrequency
Good jobs........1,969
Affordable homes.....799
Top schools........586
Low crime........1,225
Things to do........745
a. Calculate the margin of error used in the 95% confidence level for the population proportion of those who believe that low crime is most important.
b. Calculate the margin of error used in the 95% confidence level for the population proportion of those who believe that good jobs or affordable homes are most important.
c. Explain why the margins of error in parts a and b are different.
Step by Step Answer:
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly