Solution Found!

Solved: Determine the point estimate of the population

Chapter 5, Problem 13AYU

(choose chapter or problem)

Get Unlimited Answers
QUESTION:

Problem 13AYU

Determine the point estimate of the population proportion, the margin of error for each confidence interval, and the number of individuals in the sample with the specified characteristic, x, for the sample size provided.

Lower bound: 0.462, upper bound: 0.509, n = 1680

Questions & Answers

QUESTION:

Problem 13AYU

Determine the point estimate of the population proportion, the margin of error for each confidence interval, and the number of individuals in the sample with the specified characteristic, x, for the sample size provided.

Lower bound: 0.462, upper bound: 0.509, n = 1680

ANSWER:

Answer :

Step 1:

        Here we have to determine the point estimate of the population proportion.

    Let the lower bound be

        . = 0.462

  Let the upper bound be

   .= 0.509

  The formula for point estimate of the population proportion is

 = 

   =

Therefore the point estimate of the population proportion is = 0.4855

      = 0.4855

Add to cart


Study Tools You Might Need

Not The Solution You Need? Search for Your Answer Here:

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back