(If you could include the work so I can teach myself it would be appreciated)
EMC research conducted a poll between Jan. 14 and Jan 22 2014. They asked a SRS of 805 voters to see if they supported the minimum raise hike to $15/hr. They found a sample proportion of 68%. Find a confidence interval for the true proportion of voters that suppose the minimum raise hike to $15/hr with a 90% confidence level.
a. Parameter (2pts):
b. Conditions (2pts):
c. Calculation (4pts):
d. Conclusion (2pts):
a) The parameter here is the population proportion of voters who supported the minimum raise hike to $15/hr.
b) The conditions here given is we are to find a confidence
interval of 90% confidence. From standard normal tables, we
have:
P( -1.645 < Z < 1.645) = 0.9
Therefore 1.645 is the critical value here.
c) The calculations here are done as:
This is the required confidence interval here.
d) The conclusion here is that as the whole confidence interval lies above 0.5, the majority of voters under 90% confidence supports the minimum raise hike to $15/hr.
Get Answers For Free
Most questions answered within 1 hours.