1. Calculate the best point estimate for each parameter. (4 pt) For the mean, round your answer to the nearest cent. For the proportion, give your answer as an unreduced fraction.

p=

x=

2. Consider your estimate for . Which option below best describes how likely it is that your estimate is exactly equal to the population parameter it is estimating. (4 pt) (Circle or highlight one choice.)
   1. We certainly know the estimate will be equal to the parameter.
   2. The estimate is very likely to be equal to the parameter.
   3. It is possible, but not likely, that the estimate is equal to the parameter.
   4. It is very unlikely that the estimate is equal to the parameter.
3. Write 1-2 sentences explaining your reason for selecting your answer to #2 above. (6 pt)

4. Construct a 95% confidence interval for p. Round the interval endpoints to 4 decimal places. (Make sure you follow the directions in the bullet points at the beginning of this document. Each step will be graded.) (15 pt)

5. Construct a 99% confidence interval for p. Round the interval endpoints to 4 decimal places. THERE ARE 5 MORE FOLLOW UP QUESTIONS. PLEEEEEASE CHECK THE NEXT POST (15 pt)

H Survey Q1 1 Response Number 2 1 No 3 2 No No 4. 3 No 5 4 6 5 No 7 6 Yes 8 7 Yes Yes 98 10 9 Yes No 11 10 Yes 12 11 13 12 No No Survey Q2 Survey Question 1: If you were to lose your main source of income, could $0 you cover your expenses for 3 months? $300 Survey Question 2: About how much money do you have access to in case $0 of an emergency? $0 $0 $6,600 $7,844 $5,000 $18,107 $0 $1,900 $126 $500 $0 $0 $1,557 $630 $0 $0 $3,200 $1,850 $1,900 $600 $1,930 $0 $464 14 13 15 14 16 15 17 16 No No Yes 18 17 No No 19 18 20 19 21 20 No Yes 22 21 Yes 23 22 Yes No 24 23 Yes 25 24 26 25 No 27 26 No 28 27 Yes Yes No No No No No No Yes Yes Yes 29 28 30 29 31 30 32 31 33 32 34 33 35 34 36 35 37 36 38 37 39 38 40 39 41 40 42 41 43 42 44 43 45 44 46 45 47 46 48 47 49 48 50 49 51 50 52 51 Yes Yes Yes $15,000 $2,000 $1,000 $0 $1,025 $277 $0 $200 $2,000 $3,500 $5,390 $2,930 $1,933 $2,480 $0 $2,000 $0 $1,700 $0 $140 $2,000 $1,025 $1,000 $3,900 $1,130 No Yes No Yes No No Yes No No Yes No Yes Yes Yes No No Yes Yes No 53 52 54 53 55 54 56 55 57 56 58 57 59 58 60 59 61 60 62 61 63 62 64 63 65 64 66 65 67 66 68 67 69 68 70 69 71 70 72 71 73 72 74 73 75 74 76 75 77 No Yes No No Yes No $3,000 $4,300 $2,931 $0 $130 $10,500 $3,770 $0 $213 $12,000 $0 $0 $5,139 $0 $0 $1,130 $2,287 No No Yes $0 No Yes No $2,700 $750 $277 No $0 No No $1,025 $140 No 78 H Survey Q1 1 Response Number 2 1 No 3 2 No No 4. 3 No 5 4 6 5 No 7 6 Yes 8 7 Yes Yes 98 10 9 Yes No 11 10 Yes 12 11 13 12 No No Survey Q2 Survey Question 1: If you were to lose your main source of income, could $0 you cover your expenses for 3 months? $300 Survey Question 2: About how much money do you have access to in case $0 of an emergency? $0 $0 $6,600 $7,844 $5,000 $18,107 $0 $1,900 $126 $500 $0 $0 $1,557 $630 $0 $0 $3,200 $1,850 $1,900 $600 $1,930 $0 $464 14 13 15 14 16 15 17 16 No No Yes 18 17 No No 19 18 20 19 21 20 No Yes 22 21 Yes 23 22 Yes No 24 23 Yes 25 24 26 25 No 27 26 No 28 27 Yes Yes No No No No No No Yes Yes Yes 29 28 30 29 31 30 32 31 33 32 34 33 35 34 36 35 37 36 38 37 39 38 40 39 41 40 42 41 43 42 44 43 45 44 46 45 47 46 48 47 49 48 50 49 51 50 52 51 Yes Yes Yes $15,000 $2,000 $1,000 $0 $1,025 $277 $0 $200 $2,000 $3,500 $5,390 $2,930 $1,933 $2,480 $0 $2,000 $0 $1,700 $0 $140 $2,000 $1,025 $1,000 $3,900 $1,130 No Yes No Yes No No Yes No No Yes No Yes Yes Yes No No Yes Yes No 53 52 54 53 55 54 56 55 57 56 58 57 59 58 60 59 61 60 62 61 63 62 64 63 65 64 66 65 67 66 68 67 69 68 70 69 71 70 72 71 73 72 74 73 75 74 76 75 77 No Yes No No Yes No $3,000 $4,300 $2,931 $0 $130 $10,500 $3,770 $0 $213 $12,000 $0 $0 $5,139 $0 $0 $1,130 $2,287 No No Yes $0 No Yes No $2,700 $750 $277 No $0 No No $1,025 $140 No 78