Answered: We randomly sample 600 people in a…

We randomly sample 600 people in a specific town. 342 of them like cats. Based on this, construct a 95% confidence interval for the true population proportion of people in this town who like cats.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

We randomly sample 600 people in a specific town.
342 of them like cats.
Based on this, construct a 95% confidence interval for the
true population proportion of people in this town who like
cats.
Give your answers as decimals, rounded to four places.

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