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Score: 0 of 1 pt 7 of 20 (1 complete) 7.1.15 Use the sample data and confidence level given below to complete parts (a) throu
Save 7 of 20 (1 complete) HW Score: 5%, 1 of 20 pts Question Help 0432 subjects randomly selected from an online group involv
7 of 20 (1 complete Standard Normal (2) Distribution POSITIVE Z Scores 06 07 .08 09 2 5239 5636 .6026 ..6406 .6772 5279 5675
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Answer #1

Solution

given: 0 919, n = 2432

Sample prportion () = 919 2432 = 0.378

\mathbf{{\color{Blue} (a)}}\;\mathbf{Point\;estimate\; for\; p \;=\hat p}=\mathbf{{\color{Red} 0.378}}

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(b) for 99% confidence level, ze 2.576

Confidence level (C) = 0.99

a = 1-C=1-0.99 0.99 = 0.01

a = 0.01 = 0.005 2 2

Refer Standard normal table/Z-table or use excel function "=NORM.S.INV((1-0.005))" to find the critical value of z.

-.24 = 2.576

p* (1-P) Margin of error (E * n

\small \mathbf{Margin\;of\;error\;(E)}= 2.576*\left \{ \sqrt{\frac{0.378*(1-0.378)}{2432 }} \right \}

\mathbf{\small \mathbf{Margin\;of\;error\;(E)}= {\color{Red} 0.025 } }

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(c

formula : Confidence interval for the population proportion, p

= P + Margin of error E

=0.378 \pm 0.025

\mathbf{lower\;limit}=0.378- 0.025=\mathbf{{\color{Red} }0.353 }

\mathbf{upper\;limit}=0.378- 0.025=\mathbf{{\color{Red} }0.403 }

\mathbf{\therefore \mathbf{{\color{Red} }{\color{Red} 0.353}} <p<\mathbf{{\color{Red} }{\color{Red} 0.403}} }

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\mathbf{{\color{Blue} (d)}}  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.

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