in a serving of 2025 adults in certain country conducted during a period of economic uncertainty, 53% thought the wages paid to workers in the industry were too low. The margin of error was three percentage points with 90% confidence. find parts a-d a) we are 90% confident 53% of adults in the country during the period of economics uncertainty felt wages paid to workers in the industry were too low. is this interpretation reasonable? why? b) we are 87% to 93% confident 53% of adults in the country during the period of economic uncertainty felt wages paid to workers in the industry were to low. is this interpretation reasonable? why? c) we are 90% confident that the interval from 0.50 to 0.56 contains the true proportion of adults in the country during the period of economic uncertainty who believed wages paid to workers in the industry were too low. is this interpretation reasonable? why? d) in 90% of samples of adults in the country during the period of economic unsentemty the proportion who believed wages paid to workers in the industry were too low is between 0.50 and 0.56. is this interpretation reasonable? why?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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in a serving of 2025 adults in certain country conducted during a period of economic uncertainty, 53% thought the wages paid to workers in the industry were too low. The margin of error was three percentage points with 90% confidence. find parts a-d a) we are 90% confident 53% of adults in the country during the period of economics uncertainty felt wages paid to workers in the industry were too low. is this interpretation reasonable? why? b) we are 87% to 93% confident 53% of adults in the country during the period of economic uncertainty felt wages paid to workers in the industry were to low. is this interpretation reasonable? why? c) we are 90% confident that the interval from 0.50 to 0.56 contains the true proportion of adults in the country during the period of economic uncertainty who believed wages paid to workers in the industry were too low. is this interpretation reasonable? why? d) in 90% of samples of adults in the country during the period of economic unsentemty the proportion who believed wages paid to workers in the industry were too low is between 0.50 and 0.56. is this interpretation reasonable? why?
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