d). Question a: What is the statistic (p-hat)? Question b: What is the confidence coefficient (z*) for a 95% confidence interval? Question c: What is the 95% confidence MOE?
d). Question a: What is the statistic (p-hat)? Question b: What is the confidence coefficient (z*) for a 95% confidence interval? Question c: What is the 95% confidence MOE?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Question
In a random sample of 100 paintings at a very large museum, 40 are worth over $100,000. Goal: construct a 95% confidence
Question a: What is the statistic (p-hat)?
Question b: What is the confidence coefficient (z*) for a 95% confidence interval?
Question c: What is the 95% confidence MOE?
Question d: What is the 95% confidence interval to estimate the proportion of all paintings at the museum that are worth over $100,000?
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