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For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 518 judges, it was found that 295 were introverts. In USE SALT (a) Let p represent the proportion of all judges who are introverts. Find a point estimate for p. (Round your answer to four decimal places.) (b) Find a 99% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. O We are 1% confident that the true proportion of judges who are introverts falls within this interval. O We are 99% confident that the true proportion of judges who are introverts falls outside this interval. We are 1% confident that the true proportion of judges who are introverts falls above this interval. We are 99% confident that the true proportion of judges who are introverts falls within this interval. (c) Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration. Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately normal. No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal. No, the conditions are not satisfied. This is important because it allows us to say that p is approximately binomial. Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial
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