Question: A random sample of size n=100 yielded p=0.40. a. Is the sample size large enough to use the large sample approximation to construct a confidence
A random sample of size n=100 yielded
p=0.40.
a. Is the sample size large enough to use the large sample approximation to construct a confidence interval forp? Explain.
b. Construct a 90% confidence interval for p.
c. Interpret the 90% confidence interval.
d. Explain what is meant by the phrase "90% confidenceinterval."
a. Is the sample largeenough?
A.
No,becausen
p15andn
q<15.
B.
No,becausen
p<15andn
q15.
C.
No,becausen
p<15andn
q<15.
D.
Yes,becausen
p15andn
q15.
b. The 90% confidence interval for p is (?)
).
(Round to two decimal places asneeded.)
c. Interpret this confidence interval.
A.
We are 90% confident that p lies in the confidence interval.
B.
We are confident that 90% of the population is described by the interval for p.
C.
We are confident that 90% of the population is outside the interval for p.
D.
There is a 90% chance that the value of p is outside the interval.
d. Explain what is meant by the phrase "90% confidenceinterval."
A.
There is a 90% chance that the true value of the parameter is the midpoint of the interval.
B.
The confidence interval is within 10% of the true parameter value.
C.
90% of similarly constructed intervals would be centered on the true value of the parameter.
D.
90% of similarly constructed intervals would contain the true value of the parameter.
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