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 63 professional actors, it was found that 36 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.
(c)Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration.
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