According to a recent Pew Research Center report, many American adults have made money by selling something

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According to a recent Pew Research Center report, many American adults have made money by selling something online. In a random sample of 4579 American adults, 914 reported that they earned money by selling something online in the previous year. Assume the conditions for inference are met.

a. Determine the critical value z* for a 98% confidence interval for a proportion.

b. Construct a 98% confidence interval for the proportion of all American adults who would report having earned money by selling something online in the previous year.

c. Interpret the interval from part (b).

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Related Book For  book-img-for-question

The Practice Of Statistics

ISBN: 9781319113339

6th Edition

Authors: Daren S. Starnes, Josh Tabor

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