Assume that a sample is used to estimate a population proportion p.Find the margin of error M.E. that corresponds to a sample of size 342with 37.1% successes at a confidence level of 99.5%.M.E. =%Answer should be obtained without any preliminary rounding.However, the critical value may be rounded to 3 decimal places.Round final answer to one decimal placeSubmit Question

Given that Sample size n = 342 Sample proportion = 37.1% = 0.371 Confidence level = 99.5%

Answered: Assume that a sample is used to…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Assume that a sample is used to estimate a population proportion p. Find the margin of error M.E. that corresponds to a sample of size 342 with 37.1% successes at a confidence level of 99.5%.