In: Statistics and Probability
For this problem, carry at least four digits after the decimal
in your calculations. Answers may vary slightly due to
rounding.
In a random sample of 67 professional actors, it was found that 38
were extroverts.
(a) Let p represent the proportion of all actors who
are extroverts. Find a point estimate for p. (Round your
answer to four decimal places.)
(b) Find a 95% confidence interval for p. (Round your
answers to two decimal places.)
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Give a brief interpretation of the meaning of the confidence
interval you have found.
We are 95% confident that the true proportion of actors who are extroverts falls outside this interval.
We are 5% confident that the true proportion of actors who are extroverts falls above this interval.
We are 95% confident that the true proportion of actors who are extroverts falls within this interval.
We are 5% confident that the true proportion of actors who are extroverts falls within this interval.
(c) Do you think the conditions np > 5 and nq
> 5 are satisfied in this problem? Explain why this would be an
important consideration.
Yes, the conditions are satisfied. This is important because it allows us to say that p̂ is approximately binomial.
No, the conditions are not satisfied. This is important because it allows us to say that p̂ is approximately binomial.
No, the conditions are not satisfied. This is important because it allows us to say that p̂ is approximately normal.
Yes, the conditions are satisfied. This is important because it allows us to say that p̂ is approximately normal.