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 survey of 1000 large corporations, 248 said that, given a
choice between a job candidate who smokes and an equally qualified
nonsmoker, the nonsmoker would get the job.
(a) Let p represent the proportion of all corporations
preferring a nonsmoking candidate. Find a point estimate for
p. (Round your answer to four decimal places.)
(b) Find a 0.95 confidence interval for p. (Round your
answers to three decimal places.)
lower limit | |
upper limit |
(c) As a news writer, how would you report the survey results
regarding the proportion of corporations that would hire the
equally qualified nonsmoker?
Report the margin of error.Report p̂. Report p̂ along with the margin of error.
What is the margin of error based on a 95% confidence interval?
(Round your answer to three decimal places.)