document.write( "Question 1026625: You draw a sample from the population of a town (n=312) and find out that of this sample, 23% are highly educated and 27% are low-educated. What is the 80% confidence level for the proportion of highly educated people in this town? \n" ); document.write( "
Algebra.Com's Answer #641876 by stanbon(75887)\"\" \"About 
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You draw a sample from the population of a town (n=312) and find out that of this sample, 23% are highly educated and 27% are low-educated. What is the 80% confidence level for the proportion of highly educated people in this town?
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\n" ); document.write( "sample proportion = p-hat = 0.23
\n" ); document.write( "ME = 1.2816*sqrt[0.23*0.77/312] = 0.0305
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\n" ); document.write( "80% CI:: 0.23 - 0.0305 < p < 0.23 + 0.0305
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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