Answered step by step
Verified Expert Solution
Question
1 Approved Answer
7. [-/2.28 Points] DETAILS BBUNDERSTAT13 7.3.017.S. A random sample of 5,616 physicians in Colorado showed that 3,197 provided at least some charity care (i.e.,
7. [-/2.28 Points] DETAILS BBUNDERSTAT13 7.3.017.S. A random sample of 5,616 physicians in Colorado showed that 3,197 provided at least some charity care (i.e., treated poor people at no cost). I USE SALT MY NOTES ASK YOUR TEACHER (a) Let p represent the proportion of all Colorado physicians who provide some charity care. Find a point estimate for p. (Round your answer to four decimal places.) (b) Find a 99% confidence interval for p. (Enter your answer in the form: lower limit to upper limit. Include the word "to." Round your numerical values to three decimal places.) Give a brief explanation of the meaning of your answer in the context of this problem. We are 1% confident that the true proportion of Colorado physicians providing at least some charity care falls within this interval. We are 1% confident that the true proportion of Colorado physicians providing at least some charity care falls above this interval. We are 99% confident that the true proportion of Colorado physicians providing at least some charity care falls outside this interval. We are 99% confident that the true proportion of Colorado physicians providing at least some charity care falls within this interval. (c) Is the normal approximation to the binomial justified in this problem? Explain. O No; np > 5 and ng < 5. No; np < 5 and ng > 5. Yes; np < 5 and nq < 5. Yes; np > 5 and ng > 5. Need Help? Read It Submit Answer
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