Part i) The proportion of the 126 people who are living below the poverty line, 25/126, is a: A. variable of interest. B. parameter. C. statistic. Part ii) Use the sample data to compute a 95% confidence interval for the true proportion of Gastown residents living below the poverty line. (Please carry answers to at least six decimal places in intermediate steps. Give your final answer to the nearest four decimal places). 95% confidence interval= ( ⠀

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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A government official is in charge of allocating social programs throughout the city of Vancouver. He will decide where these social outreach programs should be located based on the percentage of residents living below the poverty line in each region of the city. He takes a simple random sample of 126 people living in Gastown and finds that 25 have an annual income that is below the poverty line.

Part
i) The proportion of the 126 people who are living below the poverty line, 25/126, is a:
A. variable of interest.
B. parameter.
C. statistic.
Part ii) Use the sample data to compute a 95% confidence interval for the true proportion of Gastown residents living
below the poverty line.
(Please carry answers to at least six decimal places in intermediate steps. Give your final answer to the nearest four
decimal places).
95% confidence interval = (
Transcribed Image Text:Part i) The proportion of the 126 people who are living below the poverty line, 25/126, is a: A. variable of interest. B. parameter. C. statistic. Part ii) Use the sample data to compute a 95% confidence interval for the true proportion of Gastown residents living below the poverty line. (Please carry answers to at least six decimal places in intermediate steps. Give your final answer to the nearest four decimal places). 95% confidence interval = (
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