In the spring of 2017, the Consumer Reports National Research Center conducted a survey of 1007 adults
Question:
In the spring of 2017, the Consumer Reports National Research Center conducted a survey of 1007 adults to learn about their major health-care concerns. The survey results showed that 574 of the respondents lack confidence they will be able to afford health insurance in the future.
a. What is the point estimate of the population proportion of adults who lack confidence they will be able to afford health insurance in the future.
b. At 90% confidence, what is the margin of error? c. Develop a 90% confidence interval for the population proportion of adults who lack confidence they will be able to afford health insurance in the future.
d. Develop a 95% confidence interval for this population proportion.
Step by Step Answer:
Statistics For Business & Economics
ISBN: 9781337901062
14th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran