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= 1061 and x = 528 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. 0.498 (Round to three decimal places as needed.) b) Identify the value of the margin of error E. (Round to three decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 1GP
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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= 1061 and x = 528 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.
0.498
(Round to three decimal places as needed.)
b) Identify the value of the margin of error 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= 1061 and x = 528 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. 0.498 (Round to three decimal places as needed.) b) Identify the value of the margin of error E. (Round to three decimal places as needed.)
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