In a survey of 3359 adults, 1486 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. Interpret the results.

College Algebra
1st Edition
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...
icon
Related questions
Topic Video
Question

I need help solving 

!EQuestion Help
In a survey of 3359 adults, 1486 say they have started paying bills online in the last year.
Construct a 99% confidence interval for the population proportion. Interpret the results.
A 99% confidence interval for the population proportion is ( ).
(Round to three decimal places as needed.)
Interpret your results. Choose the correct answer below.
O A. With 99% confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints of
the given confidence interval.
O B. With 99% confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the endpoints
of the given confidence interval.
O C. The endpoints of the given confidence interval show that adults pay bills online 99% of the time.
Transcribed Image Text:!EQuestion Help In a survey of 3359 adults, 1486 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. Interpret the results. A 99% confidence interval for the population proportion is ( ). (Round to three decimal places as needed.) Interpret your results. Choose the correct answer below. O A. With 99% confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O B. With 99% confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O C. The endpoints of the given confidence interval show that adults pay bills online 99% of the time.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Data Collection, Sampling Methods, and Bias
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax