Out of 120 people sampled, 84 had kids. Based on this, construct a 99% confidence interval for the true population proportion of people with kids.
Given that,
Favorable Cases X= 84,
Sample Size N = 120.
The sample proportion is calculated as follows, based on the sample size N = 120 and the number of favorable cases X = 84.
By using above values we can construct 99% confidence interval for true population proportion as follows,
99% confidence interval for true population proportion is (0.592, 0.808)
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