Question
Question 1 Suppose a survey was done this year to find out what percentage of all American households own a bread machine. Out of their
Question 1
Suppose a survey was done this year to find out what percentage of all American households own a bread machine. Out of their random sample of 1,000 American households, 317 reported they own a bread machine. The margin of error for this survey was plus or minus 3 percentage points. Based on those results, what percentage of American households own a bread machine?
Answer
Exactly 31.7%
We can be 95% certain that it's between 28.7% and 34.7%
We can be 95% certain that it's between 25.7% and 37.7%
We can be 95% certain that it's between 30.2% and 32.9%
None of the above.
Question 2
Suppose three years ago, a similar poll with a 3 percentage point error margin showed 29.5% of American households owned a bread machine. Based on the results of the new survey described in the first question, what can you conclude (with 95% confidence) about the population of all American households now compared with three years ago?
Answer
A larger proportion of American households own a bread machine now compared to three years ago.
The proportion of American households who own a bread machine has not significantly changed from three years ago.
A smaller proportion of American households own a bread machine now compared to three years ago.
More than 61% of American households have bought bread machines in the past three years.
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