Question
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 61 professional actors, it was found that 40 were extroverts.(a)Let p represent the proportion of all actors who are extroverts. Find a point estimate for p. (Round your answer to four decimal places.) (b)Find a 95% 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. We are 5% confident that the true proportion of actors who are extroverts falls above this interval.We are 5% confident that the true proportion of actors who are extroverts falls within this interval. We are 95% confident that the true proportion of actors who are extroverts falls within this interval.We are 95% confident that the true proportion of actors who are extroverts falls outside 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. No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal.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 binomial.Yes, the conditions are satisfied. This is important because it allows us to say that p is approximately binomial.
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