Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In a survey of 2085 adults in a opstain country conducted during a period of economic uncertainty, 54%% thought that wages paid to workers in
In a survey of 2085 adults in a opstain country conducted during a period of economic uncertainty, 54%% thought that wages paid to workers in industry ware too low. The margin of error was a percentage points with 90%% confidence. For parts (a) through (o) below, which represent a reasonable interpretation of the survey results? For these that are not reasonable, explain the law (s) We are 50%: confidant 54%% of adults in the country during the period of economic uncertainty fell wages paid to workers in Industry were too low. In the into protation reasonable? O A. The Inorpretation is reasonable Q:B. The interpretation is flawed The interpretation suggests that this interval sets the standard for all the other Intervals, which is not true. Q C, The merpretation is flawed The interpretation Indicates that the level of confidence is varying OD. The interpretation is flawed. The interpretation provides no interval about the population proportion (b) We are Bagh to 98%% confident 54%of adults in this country during the period of economic uncertainty fell wages paid to workers in industry were too low O A The mierproticion is reasonable O B. The interpretation Is flawed The corporation voogesis that this internal sets the standard for all the other intervals, which is not true. O C. The imoprobation " flowed The warprotation indicates that the lovel of confidence is varying D. Tre remediation is faced. The merpretation provides no lelereal about the population proportion. To) We are Topia corddent that the intervel from 0.46 to 0:$2 contra the true proportion of adult in Thecountry during ihe period of accomo uncertainty who believed wages paid to wiser in ) As The irierprotation is masoretis OfC. the mierrelation is towed. The Interpretelon suggest that this interyx tells the sindeed l and the other merya's, which is not sue
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