document.write( "Question 1206942: A random sample of n = 900 observations from a binomial population produced x = 691 successes.
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document.write( "Give the best point estimate for the binomial proportion p. (Round your answer to three decimal places.)
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document.write( "p̂ =
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document.write( "Calculate the 95% margin of error. (Round your answer to three decimal places.)
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document.write( "You may need to use the appropriate appendix table to answer this question. \n" );
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Algebra.Com's Answer #844729 by Theo(13342)![]() ![]() You can put this solution on YOUR website! this is what i get from what i know.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "p = 691/900 = probability of success = population mean proportion. \n" ); document.write( "q = 209/900 = probability of failure. \n" ); document.write( "s = sqrt*(p*q)/900) = .014075 = standard error.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "critical z-score at 95% two-tail confidence interval = plus or minus 1.96.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the critical raw score (value of x in the formula) on the high side of the two tail confidence interval is found by the formula of z = (x-m)/s which becomes 1.96 = (x-691/900)/.014075. \n" ); document.write( "solve for x to get x = 1.96 * .014075 + 691/900 = .7953647777.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the critical raw score (value of x in the formula) on the low side of the two tail confidence interval is found by the formula of z = (x-m)/s which becomes -1.96 = (x-691/900)/.014075. \n" ); document.write( "solve for x to get x = -1.96 * .014075 + 691/900 = .7401907778.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "round to 3 decimal places and your 95% confidence interval is from .740 to .795.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "here's what it looks like on a z-score graphing calculator.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " ![]() \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "691/900 is equal to .76777..... which is the mean. \n" ); document.write( ".014075 is equal to sqrt(691/900 * 209/900) / 900) which is the standard errror.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the margin of error was calculated to be (x-m) from the high side of the confidence interval which was .7953647777 minus .7677777778 = .0275869999.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the margin of error from the low side of the confidence interval is the same.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |