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Mathematics, 04.08.2020 18:01 hinacat87

Among a simple random sample of 331 American adults who do not have a four-year college degree and are not currently enrolled in school, 48% said they decided not to go to college because they could not afford school. Part II: Exercise 6.16 presents the results of a poll where 48% of 331 Americans who decide to not go to college do so because they cannot afford it.

#1: Calculate a 90% confidence interval for the proportion of Americans who decide to not go to college because they cannot afford it, and interpret the interval in context.
(a) lower bound: (please round to four decimal places)
(b) upper bound: (please round to four decimal places)

#2: Interpret the confidence interval in context:

(A) We can be 90% confident that our confidence interval contains the sample proportion of Americans who choose not to go to college because they cannot afford it

(B) 90% of Americans choose not to go to college because they cannot afford it

(C) We can be 90% confident that the proportion of Americans who choose not to go to college because they cannot afford it is contained within our confidence interval

#3: Suppose we wanted the margin of error for the 90% confidence level to be about 1.5%. How large of a survey would you recommend?
(a) A survey should include at least people.

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