The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada and Mexico. This trade agreement has been controversial since its inception and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 448 out of 973 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a,b) and round to 3 decimal places. d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? No, the entire confidence interval is below 0.50. No conclusions can be drawn since the confidence interval contains 0.50. O Yes, the entire confidence is above 0.50.

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The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada, and Mexico. This trade agreement has been controversial since its inception, and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 448 out of 973 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States.

**Questions:**

a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places.

b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places.

c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a, b) and round to 3 decimal places.

d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States?  
- No, the entire confidence interval is below 0.50.  
- No conclusions can be drawn since the confidence interval contains 0.50.  
- Yes, the entire confidence is above 0.50.

**Image Description:**
The image contains a picture of a person speaking at a podium with several flags in the background. There is text explaining the context of NAFTA and a set of statistical questions related to a poll conducted about American opinions on NAFTA.
Transcribed Image Text:The North American Free Trade Agreement (NAFTA) enacted in 1994 is a trilateral trade agreement signed by the United States, Canada, and Mexico. This trade agreement has been controversial since its inception, and Americans remain split on the issue. In a Gallup Poll conducted February 1-5, 2017, 448 out of 973 randomly selected Americans aged 18 or older stated that they believed that NAFTA was bad for the United States. **Questions:** a. Find the point estimate for the proportion of Americans who believe that NAFTA was bad for the United States. Round your answer to 4 decimal places. b. Find the margin of error for a 95% confidence interval. Round your answer to 4 decimal places. c. Construct the 95% confidence interval for the proportion of Americans who believe that NAFTA was bad for the United States. Enter your answer as an open interval of the form (a, b) and round to 3 decimal places. d. Can you conclude that more than half of Americans believe that NAFTA was bad for the United States? - No, the entire confidence interval is below 0.50. - No conclusions can be drawn since the confidence interval contains 0.50. - Yes, the entire confidence is above 0.50. **Image Description:** The image contains a picture of a person speaking at a podium with several flags in the background. There is text explaining the context of NAFTA and a set of statistical questions related to a poll conducted about American opinions on NAFTA.
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