Question
Use the sample data and confidence level given below to complete parts(a) through(d). A research institute poll asked respondents if they felt vulnerable to identity
Use the sample data and confidence level given below to complete parts(a) through(d).
A research institute poll asked respondents if they felt vulnerable to identity theft. In thepoll, n=913 and x=592 who said"yes." Use a 99% confidence level.
a) Find the best point estimate of the population proportion p.
(Round to three decimal places asneeded.)
b) Identify the value of the margin of error E.
(Round to three decimal places asneeded.)
c) Construct the confidence interval.
(Round to three decimal places asneeded.)
d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
A.One has 99% 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 99% chance that the true value of the population proportion will fall between the lower bound and the upper bound.
C.One has 99% confidence that the sample proportion is equal to the population proportion.
D.99% 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
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