Suppose that in the exit poll from the state of Florida during the year 2000 presidential elections in the United States, the pollsters recorded only the votes of the two candidates who had any chance of winning, Democrat Albert Gore and Republican George W. Bush. The polls close at 8:00 PM. The number of votes cast for the Republican in the poll is x-407. The sample size is n=765. Estimate the population proportion of republican voters with 95% confidence level. Use TWO decimal points accuracy.

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Suppose that in the exit poll from the state of Florida during the year 2000 presidential elections in the United States, the pollsters recorded
only the votes of the two candidates who had any chance of winning, Democrat Albert Gore and Republican George W. Bush. The polls
close at 8:00 PM.
The number of votes cast for the Republican in the poll is x-407. The sample size is n=765.
Estimate the population proportion of republican voters with 95% confidence level.
Use TWO decimal points accuracy.
Select one:
O a. Lower Bound 53.15% and Upper Bound 53.26%
O b. Lower Bound 49.66% and Upper Bound 56.73%
O c. Lower Bound 50.23% and Upper Bound 56.67%
O d. Lower Bound 51.48% and Upper Bound 54.91%
Transcribed Image Text:Suppose that in the exit poll from the state of Florida during the year 2000 presidential elections in the United States, the pollsters recorded only the votes of the two candidates who had any chance of winning, Democrat Albert Gore and Republican George W. Bush. The polls close at 8:00 PM. The number of votes cast for the Republican in the poll is x-407. The sample size is n=765. Estimate the population proportion of republican voters with 95% confidence level. Use TWO decimal points accuracy. Select one: O a. Lower Bound 53.15% and Upper Bound 53.26% O b. Lower Bound 49.66% and Upper Bound 56.73% O c. Lower Bound 50.23% and Upper Bound 56.67% O d. Lower Bound 51.48% and Upper Bound 54.91%
A financial officer for a company wants to estimate the percent of accounts receivable that are more than 30 days
overdue. He surveys 500 accounts and finds that 300 are more than 30 days overdue. Compute a 90% confidence
interval for the true population proportion of accounts that are more than 30 days overdue. Which of the following
intervals is closest to the correct answer:
Select one:
O a. between 59.9% and 60.0%
O b. between 58.2% and 62.1%
O c. between 56.4% and 63.6%
O d. between 57.8% and 62.1%
O e. between 90% and 95%
Transcribed Image Text:A financial officer for a company wants to estimate the percent of accounts receivable that are more than 30 days overdue. He surveys 500 accounts and finds that 300 are more than 30 days overdue. Compute a 90% confidence interval for the true population proportion of accounts that are more than 30 days overdue. Which of the following intervals is closest to the correct answer: Select one: O a. between 59.9% and 60.0% O b. between 58.2% and 62.1% O c. between 56.4% and 63.6% O d. between 57.8% and 62.1% O e. between 90% and 95%
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