A report summarized a survey of 2,305 working adults. The report indicates that 473 of the working adults surveyed said they were very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years. The sample wa selected in a way designed to produce a representative sample of working adults. In USE SALT Construct a 95% confidence interval for the proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years. (Round your answers to three decimal places.) Interpret the interval. O We are 95% confident that the true proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls directly in the middle of this interval. O There is a 95% chance that the true proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls directly in the middle of this interval. O We are 95% confident that the mean number of working adults who are very concerned that their job will be automated,

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 58E: What is meant by the sample space of an experiment?
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A report summarized a survey of 2,305 working adults. The report indicates that 473 of the working adults surveyed said they
were very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years. The sample was
selected in a way designed to produce a representative sample of working adults.
In USE SALT
Construct a 95% confidence interval for the proportion of working adults who are very concerned that their job will be automated,
outsourced, or otherwise made obsolete in the next 5 years. (Round your answers to three decimal places.)
Interpret the interval.
O We are 95% confident that the true proportion of working adults who are very concerned that their job will be automated,
outsourced, or otherwise made obsolete in the next 5 years falls directly in the middle of this interval.
O There is a 95% chance that the true proportion of working adults who are very concerned that their job will be automated,
outsourced, or otherwise made obsolete in the next 5 years falls directly in the middle of this interval.
O We are 95% confident that the mean number of working adults who are very concerned that their job will be automated,
outsourced, or otherwise made obsolete in the next 5 years falls within this interval.
O We are 95% confident that the true proportion of working adults who are very concerned that their job will be automated,
outsourced, or otherwise made obsolete in the next 5 years falls within this interval.
O There is a 95% chance that the true proportion of working adults who are very concerned that their job will be automated,
outsourced, or otherwise made obsolete in the next 5 years falls within this interval.
Transcribed Image Text:A report summarized a survey of 2,305 working adults. The report indicates that 473 of the working adults surveyed said they were very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years. The sample was selected in a way designed to produce a representative sample of working adults. In USE SALT Construct a 95% confidence interval for the proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years. (Round your answers to three decimal places.) Interpret the interval. O We are 95% confident that the true proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls directly in the middle of this interval. O There is a 95% chance that the true proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls directly in the middle of this interval. O We are 95% confident that the mean number of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls within this interval. O We are 95% confident that the true proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls within this interval. O There is a 95% chance that the true proportion of working adults who are very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next 5 years falls within this interval.
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