SOLUTION: Pharmaceutical companies promote their prescription drugs using television advertising. In a survey of 112 randomly sampled television viewers, 14 indicated that they asked their p

Question 1202822: Pharmaceutical companies promote their prescription drugs using television advertising. In a survey of 112 randomly sampled television viewers, 14 indicated that they asked their physician about using a prescription drug they saw advertised on TV.
a. What is the point estimate of the population proportion?
b. What is the margin of error for a 95% confidence interval estimate? (Round "z-scores" and round your final answers to 2 decimal places.)
c. Compute the 95% confidence interval for the population proportion. (Round "z-scores" to 2 decimal places and round your answers to 3 decimal places.)
Confidence interval for the proportion mean is between ___ and ___.

Answer by reviewermath(1029) (Show Source): You can put this solution on YOUR website!
Pharmaceutical companies promote their prescription drugs using television advertising. In a survey of 112 randomly sampled television viewers, 14 indicated that they asked their physician about using a prescription drug they saw advertised on TV.
a. What is the point estimate of the population proportion?
The sample proportion is 14/112 or
b. What is the margin of error for a 95% confidence interval estimate? (Round "z-scores" and round your final answers to 2 decimal places.)
Since P(-1.96 < Z < 1.96) = 0.95 where Z is a Standard Normal random variable, then the margin of error is =
c. Compute the 95% confidence interval for the population proportion. (Round "z-scores" to 2 decimal places and round your answers to 3 decimal places.)
Confidence interval for the proportion mean is between ___ and ___.
We use parts a and b to answer part-c.
lower limit = 0.125 - 0.061 = 0.064
upper limit = 0.125 + 0.061 = 0.186
Answers: between 0.064 and 0.186
RELATED QUESTIONS
Pharmaceutical companies promote their prescription drugs using television advertising.... (answered by math_tutor2020)

Rising prescription drug prices caused the U.S. Congress to consider laws that would... (answered by ewatrrr)

The manager of Ardmore Pharmacy knows that 25% of the customers entering the store buy... (answered by mathmate)

1. A pharmaceutical company is investigating the relationship between advertising... (answered by ewatrrr)

In a rec year, companies spent a total of $86.9 Billion on Newspaper, television and... (answered by josmiceli)

In a shipment of 50 televisions, 5 are defective. If 2 television sets are randomly... (answered by brucewill)

a city of 25,000 homes survey was taken to determine how many had hd tvs. Of the 300... (answered by checkley79)

Charges for TV advertising on a TV show are based on the number of viewers, which is... (answered by stanbon)

A study conducted by the research department of a pharmaceutical company claims that the... (answered by stanbon)