document.write( "Question 185747: can someone please help me solve this? thank you so much.\r
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document.write( "An insurance company is trying to determine, using the 95% confidence level, what proportion of teenagers have an accident. Using a sample of 582 accidents, the company discovers that teenagers were involved in 91 accidents. What is confidence interval for this proportion?\r
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Algebra.Com's Answer #139306 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! An insurance company is trying to determine, using the 95% confidence level, what proportion of teenagers have an accident. Using a sample of 582 accidents, the company discovers that teenagers were involved in 91 accidents. What is confidence interval for this proportion? \r \n" ); document.write( "\n" ); document.write( "--------------------------------------------- \n" ); document.write( "sample proportion = 91/582 = 0.1564 \n" ); document.write( "Standard error = E = z*sqrt[pq/n] = 1.96sqrt[0.1564*0.8436/582] = 0.0295 \n" ); document.write( "--------------------- \n" ); document.write( "95% CI: 0.1564 - 0.0295 < p < 0.1564 + 0.0295\r \n" ); document.write( "\n" ); document.write( "95% CI: 0.1269 < p < 0.1859 \n" ); document.write( "=================================== \n" ); document.write( "Do you understand this procedure for constructing confidence intervals? \n" ); document.write( "=================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |