You are analyzing a confidence interval using a 99% confidence level in your analysis. You collect a sample with a size of 271, and find a p of 0.365. Using this information, what is the lower bound (lower end) of your confidence interval?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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You are analyzing a confidence interval using a 99% confidence level in your analysis.
You collect a sample with a size of 271, and find a p of 0.365. Using this information,
what is the lower bound (lower end) of your confidence interval?
Transcribed Image Text:You are analyzing a confidence interval using a 99% confidence level in your analysis. You collect a sample with a size of 271, and find a p of 0.365. Using this information, what is the lower bound (lower end) of your confidence interval?
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