In: Statistics and Probability
Near the time of an election, a cable news service performs an
opinion poll of 900 probable voters. It shows that the Republican
contender has an advantage of 51% to 49%.
a. Develop a 98% confidence interval for the proportion favoring
the Republican candidate. (Round your answers to 3 decimal
places.)
b. Estimate the probability that the Democratic candidate is
actually leading. (Round your answer to 4 decimal places.)
c. Repeat the above analysis based on a sample of 4,600 probable
voters. (Round your interval to 3 decimal places and Probability to
4 decimal places.)
Confidence interval and Probability