Refer to Exercise 8.120. Another question in the poll was [How much are] you worried about the
Question:
Refer to Exercise 8.120. Another question in the poll was “[How much are] you worried about the quality of education in our schools?” Sixty-three percent responded “a lot”. We are interested in the population proportion of adult Americans who are worried a lot about the quality of education in our schools.
a. Define the random variables X and P′ in words.
b. Which distribution should you use for this problem? Explain your choice.
c. Construct a 95% confidence interval for the population proportion of adult Americans who are worried a lot about the quality of education in our schools.
i. State the confidence interval.
ii. Sketch the graph.
d. The sampling error given by Yankelovich Partners, Inc. (which conducted the poll) is ±3%. In one to three complete sentences, explain what the ±3% represents.
Step by Step Answer:
Introductory Business Statistics
ISBN: 202318
1st Edition
Authors: Alexander Holmes , Barbara Illowsky , Susan Dean