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113 The margin of error for the 95% confidence interval of the mean fill is. 2 A 0.48 3 B 0.41 4 C 0.36 5 D 0.32 714 As a cla
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.Ans :15-17 Let, Number of Americans households who live paycheck- to- paycheck

Given : X=546 ,n=700

(15) The point estimate of population proportion is, p=\frac{x}{n}=\frac{546}{700}=0.78

Therefore, Option (C) 0.78 is correct.

(16) The standard error of sample proportin is,

  SE_{p}=\sqrt{\frac{p*q}{n}}=\sqrt{\frac{0.78*0.22}{700}}=0.0157

Therefore, Option (D) 0.0157 is correct.

(17) The 90% C.I. for population proportion is ,

(p-Z_{\alpha/2}*SE_{p},p+Z_{\alpha/2}*SE_{p})

(0.78-1.64*0.0157,0.78+1.64*0.0157)

Where, (0.78-0.0257,0.78+0.0257)

  (0.754,0.806)

The required C.I. is (0.754,0.806)

Therefore, Option (B) (0.754,0.806) is correct.

For (Q. 18)

Here, X=19,n=20

\therefore p=\frac{x}{n}=\frac{19}{20}=0.95 ,q=1- p=1-0.95=0.05

  SE_{p}=\sqrt{\frac{p*q}{n}}=\sqrt{\frac{0.95*0.05}{200}}=0.049

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