Question
Asked Oct 23, 2019
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Suppose a simple random sample of 700 was taken from a large population. The sample had 32% successes. For a 99% confidence level, find the following, rounded to the 4th decimal place. Use your T-Table to find the margin of error.

a) How many successes were there? 
b) ˆp = 
c) ˆq = 
d) Margin of Error = 

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Expert Answer

Step 1

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Step 2

a) Number of successes:

It is given that the sample had 32% successes.

Let x denotes the number of successes.

The number of successes is obtained as 224, from the calculations given below:

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Step 3

b) Computation of p-hat:

The value of p-hat is obtained as 0.32, from the...

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32 p= 100 = 0.32

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