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a. A sample of 300 observations taken from a population produced a sample proportion of .63. Make a \(95 \%\) confidence interval for \(p\). b. Another sample of 300 observations taken from the same population produced a sample proportion of .59. Make a \(95 \%\) confidence interval for \(p\). c. A third sample of 300 observations taken from the same population produced a sample proportion of .67. Make a \(95 \%\) confidence interval for \(p\). d. The true population proportion for this population is .65. Which of the confidence intervals constructed in parts a through c cover this population proportion and which do not?

Short Answer

Expert verified
The specific confidence intervals for each sample would be calculated from the formulas provided in steps 1-3. Which intervals cover the true population proportion would then be evaluated in step 4.

Step by step solution

01

Calculate Confidence Interval for Sample 1

A confidence interval for a population proportion can be calculated as \(\hat{p} \pm z\sqrt{ \frac{\hat{p}(1-\hat{p})}{n}}\), where \(\hat{p}\) is the sample proportion, \(n\) is the sample size, and \(z\) is the z-score that corresponds to the desired level of confidence, which is 1.96 for a 95% confidence interval.\nSo, for the first sample, \(\hat{p} = 0.63\), \(n = 300\) and \(z = 1.96\). Plugging these values into the formula gives an interval of \(0.63 \pm 1.96\sqrt{ \frac{0.63(1-0.63)}{300}}\).
02

Calculate Confidence Interval for Sample 2

For the second sample, follow the same procedure with \(\hat{p} = 0.59\), so the interval becomes \(0.59 \pm 1.96\sqrt{ \frac{0.59(1-0.59)}{300}}\).
03

Calculate Confidence Interval for Sample 3

For the third sample, with \(\hat{p} = 0.67\), the interval is \(0.67 \pm 1.96\sqrt{ \frac{0.67(1-0.67)}{300}}\).
04

Determine Which Intervals Cover the True Population Proportion

The given true population proportion, \(p=0.65\), lies within an interval if the lower end of the interval is less than or equal to 0.65 and the upper end of the interval is greater than or equal to 0.65. Perform this check for each interval calculated.

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Most popular questions from this chapter

The high price of medicines is a source of major expense for those seniors in the United States who have to pay for these medicines themselves. A random sample of 2000 seniors who pay for their medicines showed that they spent an average of \(\$ 4600\) last year on medicines with a standard deviation of \(\$ 800\). Make a \(98 \%\) confidence interval for the corresponding population mean.

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