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

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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)?

d. Without doing any additional calculations, test the hypothesis $H_{0}: p=0.50$ vs. $H_{1}: p eq 0.50$ at the $5 \%$ significance level.

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Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

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Question Posted: Apr 30, 2024 02:00 AM

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

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Introduction To Econometrics

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