Use the sample data and confidence level given below to complete parts (a) through (d). A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n = 1004 and x = 511 who said "yes." Use a 99% confidence level. Click the icon to view a table of z scores. a) Find the best point estimate of the population proportion p. 0.509 (Round to three decimal places as needed.) b) Identify the value of the margin of error E. ... E= (Round to three decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
icon
Related questions
Question
Use the sample data and confidence level given below to complete parts (a) through (d).
A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n = 1004 and x = 511 who
said "yes." Use a 99% confidence level.
Click the icon to view a table of z scores.
a) Find the best point estimate of the population proportion p.
0.509
(Round to three decimal places as needed.)
b) Identify the value of the margin of error E.
E=
(Round to three decimal places as needed.)
Transcribed Image Text:Use the sample data and confidence level given below to complete parts (a) through (d). A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n = 1004 and x = 511 who said "yes." Use a 99% confidence level. Click the icon to view a table of z scores. a) Find the best point estimate of the population proportion p. 0.509 (Round to three decimal places as needed.) b) Identify the value of the margin of error E. E= (Round to three decimal places as needed.)
Expert Solution
steps

Step by step

Solved in 4 steps with 2 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill