Question: Answer all the following questions completely and all work and steps should be shown to prove to understand the process.When possible, to answer using a
Answer all the following questions completely and all work and steps should be shown to prove to understand the process.When possible, to answer using a complete sentence and offering explanation, please do so.
1.ACT, Inc. reported that 74% of 1644 randomly selected college freshmen returned to college the next year.
a.[4 pts] Construct and interpret a 90% confidence interval to estimate the retention rate for college freshmen.
b.[4 pts] Let's say they only need a 2% margin of error with the same level of confidence the following year. How many college freshmen must be surveyed?
c.[2 pts] If they increased their confidence level to 95%, would the confidence intervals get wider or narrower? Explain why.
2.[5 pts] A Gallup poll asked 1200 randomly chosen adults what they think the ideal number of children for a family is. Of this sample, 53% stated that they thought 2 children is the ideal number.
a.Check the conditions needed to form a confidence interval. Discuss each one in context.
b.Construct and interpret a 95% confidence interval for the proportion of all US adults that think 2 children is the ideal number.
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