Is college worth it?: A poll was conducted to determine why Americans decide not to go to college. Of the324 Americans who didn't go to college survey surveyed, 49% decided not to go to college because theycouldn't afford it.a) Calculate a 90% confidence interval for the proportion of Americans who decide to not go to collegebecause they couldn't afford it, and interpret the interval in context. Round your answers to 4 decimal places.lower bound: 4442upper bound: .5358Interpret the confidence interval in context:90% of Americans choose not to go to college because they cannot afford itO We are 90% confident that the proportion of all Americans who choose not to go to college becausethey cannot afford it is contained within our confidence intervalWe are 90% confident that our confidence interval contains the sample proportion of Americans whochoose not to go to college because they cannot afford itb) Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. What sample sizewould you recommend for the survey? Round your answer appropriately.A survey should include at least 3024X people.Submit All Parts

Is college worth it?: A poll was conducted to determine why Americans decide not to go to college. Of the 324 Americans who didn't go to college survey surveyed, 49% decided not to go to college because they couldn't afford it. a) Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they couldn't afford it, and interpret the interval in context. Round your answers to 4 decimal places. lower bound: 4442 upper bound:5358 Interpret the confidence interval in context: 90% of Americans choose not to go to college because they cannot afford it We are 90% confident that the proportion of all Americans who choose not to go to college because they cannot afford it is contained within our confidence interval We are 90% confident that our confidence interval contains the sample proportion of Americans who choose not to go to college because they cannot afford it b) Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. What sample size would you recommend for the survey? Round your answer appropriately. A survey should include at least 3024 X people. Submit All Parts

Is college worth it?: A poll was conducted to determine why Americans decide not to go to college. Of the 324 Americans who didn't go to college survey surveyed, 49% decided not to go to college because they couldn't afford it. a) Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they couldn't afford it, and interpret the interval in context. Round your answers to 4 decimal places. lower bound: 4442 upper bound:5358 Interpret the confidence interval in context: 90% of Americans choose not to go to college because they cannot afford it We are 90% confident that the proportion of all Americans who choose not to go to college because they cannot afford it is contained within our confidence interval We are 90% confident that our confidence interval contains the sample proportion of Americans who choose not to go to college because they cannot afford it b) Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. What sample size would you recommend for the survey? Round your answer appropriately. A survey should include at least 3024 X people. Submit All Parts

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...

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