3.4 Using the data in Exercise 3.3: a. Construct a 95% confidence interval for p. b. Construct...

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3.4 Using the data in Exercise 3.3:

a. Construct a 95% confidence interval for p.

b. Construct a 99% confidence interval for p.

c. Why is the interval in

(b) wider than the interval in (a)?

a. Without doing any additional calculations, test the hypothesis H0: p = 0.50 vs. H1: p  0.50 at the 5% significance level.

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Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

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