MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Use the sample data and confidence level given below to complete parts (a) through (d).
A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n=1049 and x=541 who said "yes." Use a 99% confidence level.
a) Find the best point estimate of the population proportion p.
_____
(Round to three decimal places as needed.)
b) Identify the value of the margin of error E.
E=____
(Round to three decimal places as needed.)
c) Construct the confidence interval.
___<p<____
(Round to three decimal places as needed.)
d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
One has 99%confidence that the sample proportion is equal to the population proportion.
There is a 99%chance that the true value of the population proportion will fall between the lower bound and the upper bound.
One has 99%confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.
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