Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Condence level Critical value 0.90 z' : 1.645 0.95 z* = 1.960 0.99 z' : 2.576 Jump to level 1 In a poll of 1000

image text in transcribedimage text in transcribed
Condence level Critical value 0.90 z"' : 1.645 0.95 z* = 1.960 0.99 z"' : 2.576 Jump to level 1 In a poll of 1000 randomly selected voters in a local election, 878 voters were against school bond measures. What is the 95% confidence interval? [ EX: 0.123 . 5X3 0723 ] [smaller value, largervalue] 2 4 Check Next X Each incorrect answer is highlighted. Expected: Confidence interval = [0.779, 0.829] The 95% confidence interval is p - m, p + m. 804 The sample proportion p is = 0.804. 1000 * p(1 -p) 0.804(1 - 0.804) The margin of error m is = 1.961 n 1000 ~0.025 Therefore, the 95% confidence interval is [p - m, p + m] = [0.804 - 0.025, 0.804 + 0.025 = [0.779, 0.829

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

An Introduction to the Mathematics of financial Derivatives

Authors: Salih N. Neftci

2nd Edition

978-0125153928, 9780080478647, 125153929, 978-0123846822

More Books

Students also viewed these Mathematics questions