Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

12. Gary constructs a 90% confidence interval in order to estimate the proportion of consumers who regularly purchase their groceries online. The interval ends up

12. Gary constructs a 90% confidence interval in order to estimate the proportion of consumers who regularly purchase their groceries online. The interval ends up between from 0.355 to 0.405. Using the same sample data, Ralph constructs a 95% confidence interval and obtains an interval from 0.365 to 0.395. If we assume no calculation errors were made when the 90% confidence interval was constructed, why must Ralph's interval be incorrect?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Complex Analysis

Authors: Dennis G Zill, Patrick D Shanahan

3rd Edition

1449694624, 9781449694623

More Books

Students also viewed these Mathematics questions