Use the sample data and confidence level given below to complete parts (a) through (d).
A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll,
n equals n=963
and
x=587
who said "yes." Use a
90%
confidence level.
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Click the icon to view a table of z scores.
a) Find the best point estimate of the population proportion p.
nothing
(Round to three decimal places as needed.)
b) Identify the value of the margin of error E.
equals=nothing
(Round to three decimal places as needed.)
c) Construct the confidence interval.
nothing less than p less than<p<nothing
(Round to three decimal places as needed.)
d) Write a statement that correctly interprets the confidence interval. Choose the correct answer below.
A.There is a
90%
chance that the true value of the population proportion will fall between the lower bound and the upper bound.
B.One has
90%
confidence that the sample proportion is equal to the population proportion.
C.One has
90%
confidence that the interval from the lower bound to the upper bound actually does contain the true value of the population proportion.
D.
90%
of sample proportions will fall between the lower bound and the upper bound.
The statistical software output for this problem is:
From above output:
a) Point estimate = 0.610
b) Margin of error = (0.6354 - 0.5840)/2 = 0.026
c) Confidence interval:
0.584 < p < 0.635
d) Option C is correct.
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