Based on survey of a representative sample of 1000 adult Americans, YouGov estimated that the proportion of
Question:
Based on survey of a representative sample of 1000 adult Americans, YouGov estimated that the proportion of adult Americans who have less than $1000 in savings is 0.430 (“People More Likely to Save with an Opt-Out System,” today.yougov.com /news/2016/04/25/savings/). The margin of error for a 95% confidence level associated with this estimate is 0.03. Show how this margin of error was calculated.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Statistics And Data Analysis
ISBN: 9781337793612
6th Edition
Authors: Roxy Peck, Chris Olsen, Tom Short
Question Posted: