Norton antivirus conducted a study o try to find the population of people that feel vulnerable to credit fraud. They found that out of 1002 people 508 said they did feel vulnerable to credit fraud. Use a 90% confidence level to answer the following questions. Round all answers to three decimal places. i) What is the best point estimate for the population proportion? ii) What is the margin of error? iii) the confidence level shows that ___

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 4SE: What is the difference between events and outcomes? Give an example of both using the sample space...
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Norton antivirus conducted a study o try to find the population of people that feel vulnerable to credit fraud. They found that out of 1002 people 508 said they did feel vulnerable to credit fraud. Use a 90% confidence level to answer the following questions. Round all answers to three decimal places.

i) What is the best point estimate for the population proportion?

ii) What is the margin of error?

iii) the confidence level shows that ___ <p< 

( these are the lower bounds and upper bounds for the estimate)

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