10. [-/7 Points] DETAILS BBUNDERSTAT12 7.3.011.EP.S. For this problem, carry at least four digits after the decimal in y
Posted: Sun Jul 10, 2022 10:18 am
10. [-/7 Points] DETAILS BBUNDERSTAT12 7.3.011.EP.S. For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. In a random sample of 66 professional actors, it was found that 41 were extroverts. USE SALT MY NOTES (a) Let p represent the proportion of all actors who are extroverts. Find point estimates for p and q. (Round your answer to four decimal places.) p = รข = (b) Find a 95% confidence interval for p. Find the maximal margin of error. (Round your answer to two decimal places.) E = ASK YOUR TEACHER PRACTICE ANOTHER Report the bounds from the 95% confidence interval for p. (Round your answers to two decimal places.) lower limit upper limit Need Help? Give a brief interpretation of the meaning of the confidence interval you have found. We are 95% confident that the true proportion of actors who are extroverts falls outside this interval. We are 95% confident that the true proportion of actors who are extroverts falls within this interval. We are 5% confident that the true proportion of actors who are extroverts falls above this interval. We are 5% confident that the true proportion of actors who are extroverts falls within this interval. (c) Do you think the conditions np > 5 and nq > 5 are satisfied in this problem? Explain why this would be an important consideration. Yes, the conditions are satisfied. This is important because it allows us to say that is approximately binomial. Yes, the conditions are satisfied. This is important because it allows us to say that is approximately normal. No, the conditions are not satisfied. This is important because it allows us to say that p is approximately normal. No, the conditions are not satisfied. This is important because it allows us to say that is approximately binomial. Watch It