A random sample survey of 865 voters in a local town reveals that 408 favor approval of an increase in the sales tax. What is the point estimate for the population proportion of approval? Construct the 95% confidence interval for the true proportion of all voters in the state who favor approval. Provide an interpretation of the confidence interval in 1 – 2 complete sentences.
A random sample survey of 865 voters in a local town reveals that 408 favor approval of an increase in the sales tax. What is the point estimate for the population proportion of approval? Construct the 95% confidence interval for the true proportion of all voters in the state who favor approval. Provide an interpretation of the confidence interval in 1 – 2 complete sentences.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 6E: List the sample space of each experiment. Tossing three coins
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A random sample survey of 865 voters in a local town reveals that 408 favor approval of an increase in the sales tax.
- What is the point estimate for the population proportion of approval?
- Construct the 95% confidence interval for the true proportion of all voters in the state who favor approval.
- Provide an interpretation of the confidence interval in 1 – 2 complete sentences.
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