A. A research group conducted an extensive survey of 3173 wage and salaried workers on issues ranging
Question:
A. A research group conducted an extensive survey of 3173 wage and salaried workers on issues ranging from relationships with their bosses to household chores. The data were gathered through hour-long telephone interviews with a nationally representative sample. In response to the question, "What does success mean to you?" 1500 responded, "Personal satisfaction from doing a good job." Let p be the population proportion of all wage and salaried workers who would respond the same way to the stated question. Find a 90% confidence interval for p. (Round your answers to three decimal places.)
lower limit ____________
upper limit ___________
B. Suppose you are told that a 95% confidence interval for the average price of a gallon of regular gasoline in your state is from $3.06 to $3.80. Use the fact that the confidence interval for the mean is in the form x − E to x + E to compute the sample mean and the maximal margin of error E. (Round your answers to two decimal places.)
x = $ ____________
E = $ ___________
Consumer Behavior Buying, Having and Being
ISBN: 978-0134129938
12th Global Edition
Authors: Michael R. Solomon