Question: BBUNDERSTAT 12 7.3.071.EP.S. ............. For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.

 BBUNDERSTAT 12 7.3.071.EP.S. ............. For this problem, carry at least four

BBUNDERSTAT 12 7.3.071.EP.S. ............. For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 69 professional actors, it was found that 39 were extroverts. LA USE SALT (a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.) p = (b) Find a 95% confidence interval for p. Find the maximal margin of error. (Round your answer to two decimal places.) E = Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Give a brief interpretation of the meaning of the confidence interval you have found. We are 5% confident that the true proportion of actors who are extroverts falls within this interval. We are 95% confident that the true proportion of actors who are extroverts falls within this interval. We are 95% confident that the true proportion of actors who are extroverts falls outside this interval! O We are 5% confident that the true proportion of actors who are extroverts falls above this interval

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!