Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Question 4 Use the sample data and confidence level given below to complete parts (a) through (d). A drug is used to help prevent blood

Question 4

image text in transcribed
Use the sample data and confidence level given below to complete parts (a) through (d). A drug is used to help prevent blood clots in certain patients. In clinical trials, among 4577 patients treated with the drug, 179 developed the adverse reaction of nausea. Construct a 90% confidence interval for the proportion of adverse reactions. a) Find the best point estimate of the population proportion p. Round to three decimal places as needed.) b) Identify the value of the margin of error E. E= (Round to three decimal places as needed.) c) Construct the confidence interval. (Round to three decimal places as needed.) d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below. ( A. One has 90% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion. ( B. There is a 90% chance that the true value of the population proportion will fall between the lower bound and the upper bound. O C. One has 90% confidence that the sample proportion is equal to the population proportion D. 90% of sample proportions will fall between the lower bound and the upper bound

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Economics

Authors: Robert Frank, Ben Bernanke

5th edition

978-0073511405

Students also viewed these Mathematics questions