A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
Bartleby Related Questions Icon

Related questions

Topic Video
Question
100%
A sample proportion of 0.43 is found. To determine the margin of error for this statistic, a simulation of 100 trials is run, each with a
sample size of 50 and a point estimate of 0.43.
The minimum sample proportion from the simulation is 0.32, and the maximum sample proportion from the simulation is 0.48.
The margin of error of the population proportion is found using half the range.
What is the interval estimate of the true population proportion?
(0.30, 0.56)
(0.27, 0.59)
(0.35, 0.51)
(0.28, 0.58)
expand button
Transcribed Image Text:A sample proportion of 0.43 is found. To determine the margin of error for this statistic, a simulation of 100 trials is run, each with a sample size of 50 and a point estimate of 0.43. The minimum sample proportion from the simulation is 0.32, and the maximum sample proportion from the simulation is 0.48. The margin of error of the population proportion is found using half the range. What is the interval estimate of the true population proportion? (0.30, 0.56) (0.27, 0.59) (0.35, 0.51) (0.28, 0.58)
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Probability
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
A First Course in Probability (10th Edition)
Probability
ISBN:9780134753119
Author:Sheldon Ross
Publisher:PEARSON
Text book image
A First Course in Probability
Probability
ISBN:9780321794772
Author:Sheldon Ross
Publisher:PEARSON