Question
A random sample of 322 medical doctors showed that 166 had a solo practice. (a) Let p represent the proportion of all medical doctors who
A random sample of 322 medical doctors showed that 166 had a solo practice.
(a)
Let p represent the proportion of all medical doctors who have a solo practice. Find a point estimate for p. (Round your answer to three decimal places.)
(b)
Find a 95% 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 the interval.
95% of the confidence intervals created using this method would include the true proportion of medical doctors with solo practices.
5% of the confidence intervals created using this method would include the true proportion of medical doctors with solo practices.
5% of the confidence intervals created using this method would include the sample proportion of medical doctors with solo practices, from their respective samples.
95% of the confidence intervals created using this method would include the sample proportion of medical doctors with solo practices, from their respective samples.
(c)
As a news writer, how would you report the survey results regarding the percentage of medical doctors in solo practice?
Report p along with the margin of error.
Report p.
Report the margin of error.
Report the confidence interval.
What is the margin of error based on a 95% confidence interval? (Round your answer to three decimal places.)
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