document.write( "Question 265552: I am having a difficult time understanding this problem. Can someone please help?\r
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document.write( "A researcher is interested in estimating the proportion of voters who favor a tax on e-commerce. In a sample of 250 people she finds that 36 favor such a tax. \r
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document.write( "a. Find a 95% confidence interval for the true population proportion of voters who favor such a tax.
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document.write( "b. Find a 99% confidence interval for the true population proportion of voters who favor such a tax.
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Algebra.Com's Answer #195241 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! I am having a difficult time understanding this problem. Can someone please help? \n" ); document.write( "A researcher is interested in estimating the proportion of voters who favor a tax on e-commerce. In a sample of 250 people she finds that 36 favor such a tax. \n" ); document.write( "--- \n" ); document.write( "In favor of: \n" ); document.write( "sample proportion = phat = 36/250 = 0.144 \n" ); document.write( "standard error = invNorm(0.975)*sqrt[0.144*0.856/250] = 0.0435.. \n" ); document.write( "-------------------- \n" ); document.write( "a. Find a 95% confidence interval for the true population proportion of voters who favor such a tax. \n" ); document.write( "95% CI : 0.144-0.0435 < p < 0.144 + 0.0435 \n" ); document.write( "-------------------------------------------- \n" ); document.write( "b. Find a 99% confidence interval for the true population proportion of voters who favor such a tax. \n" ); document.write( "sample proportion = 0.144 \n" ); document.write( "standard error = invNorm(0.995)*sqrt(0.144*0.856/250] = 0.0572 \n" ); document.write( "99% CI : 0.144 - 0.0572 < p < 0.144 + 0.0572 \n" ); document.write( "================================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |