Question: Need help on E and G Su Homework 04 (Proportions) Score: 35/39 7/7 answered Question 3 Score on last try: 5 of 7 pts. See
Need help on E and G

Su Homework 04 (Proportions) Score: 35/39 7/7 answered Question 3 Score on last try: 5 of 7 pts. See Details for more. > Next question Get a similar question In a random sample of 830 adults in the United States, 325 say they could not cover a $400 unexpected expense without borrowing money or going into debt. (a) What is the population under consideration in the data set? All adults in the United States ever All adults in the world All adults in the United States currently 830 of the adults in the United States 325 of the adults in the United States (b) What parameter is being estimated? The percent of adults in the United States who could cover an unexpected $400 expense without borrowing money or going into debt The average debt of 830 adults in the United States The average debt of adults in the United States (c) What is the point estimate for the parameter? p = 0.3915 vo (d) What is the name of the statistic we can use to measure the uncertainty of the point estimate? Oz-value OSE Oo (e) Compute the value from part (d) for this context (to 3 decimal places). 0.000 x (f) A cable news pundit thinks the value is actually 51%. Should she be surprised by the data? Ono yes (g) Suppose the true population value was found to be 39%. If we use this proportion to recompute the value in part (e) using p = 0.39 instead of p, what is the new uncertainty? |0.001 x of Submit
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