3) Out of a random sample of 1000 people, 490 expressed a preference for the Joe’s Barbeque.
The following questions are about calculating a confidence interval. Type in your choice of answer between the arrows.
A] What is the Critical Value (three decimal places) needed to determine a 98% confidence interval for the proportion of the population that prefers Joe’s Barbeque?
a. z =2.576 b. t = 2.640 c. z = 2.326 d. t = 2.093 e. z = 1.645 f. t = 1.634
B] What is the Point Estimate of the proportion preferring Joe’s Barbeque (three decimal places)?
a. 0.510 b. 0.115 c. 0.980 d. 0.490 e. 0.020 f. 0.010
C] What is the Margin of Error (three decimal places) for this 98% confidence interval?
a. 0.095 b. 0.105 c. 0.037 d. 0.986 e. 0.110 f. 0.012
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D] What is the 98% Confidence Interval (three decimal places)?
a. .476 £ p £ .503 d. .453 £ p £ .527 ➔
b. .499 £ p £ .644 e. .323 £ p £ .399
c. .479 £ p £ .499 f. .444 £ p £ .537
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