document.write( "Question 1133949: Use the sample data and confidence level given below to complete parts (a) through (d).
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document.write( "A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n equals 1011 and x equals 582 who said \"yes.\" Use a 90 % confidence level.\r
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document.write( "a) Find the best point estimate of the population proportion p.
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document.write( "b) Identify the value of the margin of error E =
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document.write( "c) Construct the confidence interval.
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document.write( "d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
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document.write( "A.
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document.write( "One has 99% confidence that the sample proportion is equal to the population proportion.
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document.write( "B.
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document.write( "There is a 99% chance that the true value of the population proportion will fall between the lower bound and the upper bound.
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document.write( "C.
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document.write( "One has 99% confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.
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document.write( "99% of sample proportions will fall between the lower bound and the upper bound.
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Algebra.Com's Answer #751239 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x bar is 582/1011=0.576 point estimate \n" ); document.write( "error is z(0.95)*sqrt(p*(1-p)/n)=1.645*sqrt(0.000242)=0.026 \n" ); document.write( "the 90%CI is (0.550, 0.602) \n" ); document.write( "One has 99% confidence that the true value of the population mean falls in this interval. A is wrong because it has to do with the parameter, not the statistic. B uses \"chance,\" not confidence, and is wrong. \n" ); document.write( "C is correct. \n" ); document.write( "D, if that is truly D, is not correct. 99% of the confidence intervals constructed will contain the true population interval, but one doesn't know which 99. \n" ); document.write( " |