6.18 Is college worth it? Part II: Exercise 6.16 presents the results of a poll where...

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6.18 Is college worth it? Part II: Exercise 6.16 presents the results of a poll where 47% of 325 Americans who decide to not go to college do so because they cannot afford it. (a) Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. lower bound: (please round to four decimal places) upper bound: (please round to four decimal places) Interpret the confidence interval in context: We can be 90% confident that our confidence interval contains the sample proportion of Americans who choose not to go to college because they cannot afford it O We can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval 90% of Americans choose not to go to college because they cannot afford it (b) Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. How large of a survey would you recommend? A survey should include at least people. 6.18 Is college worth it? Part II: Exercise 6.16 presents the results of a poll where 47% of 325 Americans who decide to not go to college do so because they cannot afford it. (a) Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context. lower bound: (please round to four decimal places) upper bound: (please round to four decimal places) Interpret the confidence interval in context: We can be 90% confident that our confidence interval contains the sample proportion of Americans who choose not to go to college because they cannot afford it O We can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval 90% of Americans choose not to go to college because they cannot afford it (b) Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. How large of a survey would you recommend? A survey should include at least people.

Answer rating: 100% (QA)

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