A certain forum reported that in a survey of 2006 American adults, 24% said they believed in astrology. (a) Calculate a confidence interval at the 99% confidence level for the proportion of all adult Americans who believe in astrology. (Round your answers to three decimal places.) Interpret the resulting interval. O we are 99% confident that this interval contains the true population mean. O we are 99% confident that this interval does not contain the true population mean. O we are 99% confident that the true population mean lies above this interval. O We are 99% confident that the true population mean lies below this interval. (b) What sample size would be required for the width of a 99% CI to be at most 0.05 irrespective of the value of p? (Round your answer up to the nearest integer.)

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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A certain forum reported that in a survey of 2006 American adults, 24% said they believed in astrology.
(a) Calculate a confidence interval at the 99% confidence level for the proportion of all adult Americans who believe in astrology. (Round your answers to three decimal places.)
Interpret the resulting interval.
O We are 99% confident that this interval contains the true population mean.
O we are 99% confident that this interval does not contain the true population mean.
O we are 99% confident that the true population mean lies above this interval.
O we are 99% confident that the true population mean lies below this interval.
(b) What sample size would be required for the width of a 99% CI to be at most 0.05 irrespective of the value of p? (Round your answer up to the nearest integer.)
Transcribed Image Text:A certain forum reported that in a survey of 2006 American adults, 24% said they believed in astrology. (a) Calculate a confidence interval at the 99% confidence level for the proportion of all adult Americans who believe in astrology. (Round your answers to three decimal places.) Interpret the resulting interval. O We are 99% confident that this interval contains the true population mean. O we are 99% confident that this interval does not contain the true population mean. O we are 99% confident that the true population mean lies above this interval. O we are 99% confident that the true population mean lies below this interval. (b) What sample size would be required for the width of a 99% CI to be at most 0.05 irrespective of the value of p? (Round your answer up to the nearest integer.)
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