The symbol and value of the point estimate on this problem are as follows: Leave answer as a fraction. ?v= The interval estimate for ? ✓is Round endpoints to 3 decimal places. C: Conclusion • We are Select an answer between % confident that % and %

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
Problem 63RE
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Question

In July of 2013, 47% of Australians thought unemployment would increase.  Assume in a recent poll, 47 out of 100 said that they thought unemployment would increase.  Estimate the proportion of all Australians today who believe unemployment would increase using a 94% confidence interval.

A: Assumptions
• Since Select an answer information was collected from each object, what conditions do we need
to check? Check all that apply.
o is unknown.
o is known.
On > 30 or normal population.
| n(p) ≥ 10
On(1 − p) ≥ 10
ON>20n
Check those assumptions:
1. np=
2. n (1 — p)=
3. N=
which is ? ✓
which is ? ✓
which is ? ✓
If no N is given in the problem, use 1000000
? ✓ =
N: Name the procedure
The conditions are met to use a Select an answer
I: Interval and point estimate
The symbol and value of the point estimate on this problem are as follows:
Leave answer as a fraction.
Transcribed Image Text:A: Assumptions • Since Select an answer information was collected from each object, what conditions do we need to check? Check all that apply. o is unknown. o is known. On > 30 or normal population. | n(p) ≥ 10 On(1 − p) ≥ 10 ON>20n Check those assumptions: 1. np= 2. n (1 — p)= 3. N= which is ? ✓ which is ? ✓ which is ? ✓ If no N is given in the problem, use 1000000 ? ✓ = N: Name the procedure The conditions are met to use a Select an answer I: Interval and point estimate The symbol and value of the point estimate on this problem are as follows: Leave answer as a fraction.
The symbol and value of the point estimate on this problem are as follows:
?v=
The interval estimate for ? ✓is
Round endpoints to 3 decimal places.
C: Conclusion
Leave answer as a fraction.
• We are
Select an answer
between
% confident that
% and
%
is
Transcribed Image Text:The symbol and value of the point estimate on this problem are as follows: ?v= The interval estimate for ? ✓is Round endpoints to 3 decimal places. C: Conclusion Leave answer as a fraction. • We are Select an answer between % confident that % and % is
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