Question
1) In a recent sample, 42 out of 500 randomly selected G.E. light bulbs were defective. a) Find the point estimate, ^p , and find
1) In a recent sample, 42 out of 500 randomly selected G.E. light bulbs were defective.
a) Find the point estimate, ^p , and find z a/2 for a 95% confidence interval.
b) Find the margin of error, E, and describe 95% confidence interval for the proportion of all G.E.
light bulbs that are defective.
c) Interpret the confidence interval you found in part a.
d) You would like to have a narrower confidence interval (smaller error) with the same sample
Circle the correct choice to make that happen.
i) Raise your level of confidence to 98% or 99%
ii) Lower your level of confidence to 90%
2) I asked 1,200 randomly selected people if they believe that UFO's are real.319 of them said yes.
Construct a 90% confidence interval for the percentage of all people who believe UFO's are real.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started