Question

In: Math

Use the sample data and confidence level given below to complete parts (a) through (d). A...

Use the sample data and confidence level given below to complete parts (a) through (d).

A research institute poll asked respondents if they acted to annoy a bad driver. In the poll,

n equals 2528 comman=2528,

and

x equals 1199x=1199

who said that they honked. Use a

99 %99%

confidence level.

a) Find the best point estimate of the population proportion p.

b) Identify the value of the margin of error E

E=

c) Construct the confidence interval.

_<p<_

d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.

A.

One has

9999 %

confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.

B.

9999 %

of sample proportions will fall between the lower bound and the upper bound.

C.

There is a

9999 %

chance that the true value of the population proportion will fall between the lower bound and the upper bound.

D.

One has

9999 %

confidence that the sample proportion is equal to the population proportion.

Solutions

Expert Solution

Use the sample data and confidence level given below to complete parts (a) through (d).

A research institute poll asked respondents if they acted to annoy a bad driver. In the poll,

n equals 2528 comman=2528,and x=1199 who said that they honked. Use a

99 %confidence level.

a) Find the best point estimate of the population proportion p.

p=1199/2528 = 0.4743

b) Identify the value of the margin of error E

E=0.0256

c) Construct the confidence interval.

0.4487 <p< 0.4999

d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.

Answer: 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. 99 %of sample proportions will fall between the lower bound and the upper bound.

C.There is a 99 %chance that the true value of the population proportion will fall between the lower bound and the upper bound.

D.One has 99 %confidence that the sample proportion is equal to the population proportion.

Confidence Interval Estimate for the Proportion

Data

Sample Size

2528

Number of Successes

1199

Confidence Level

99%

Intermediate Calculations

Sample Proportion

0.4743

Z Value

2.576

Standard Error of the Proportion

0.0099

Interval Half Width

0.0256

Confidence Interval

Interval Lower Limit

0.4487

Interval Upper Limit

0.4999

  


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