Use the sample data and confidence level given below to complete parts​ (a) through​ (d). A...

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Use the sample data and confidence level given below to completeparts​ (a) through​ (d). A research institute poll askedrespondents if they felt vulnerable to identity theft. In the​poll, n equals n=1065 and x equals 548 who said​ \"yes.\" Use a 95confidence level.

a) Find the best point estimate of the population proportion p.Round to three decimal places as​ needed.)

b) Identify the value of the margin of error E. E = (Round tothree decimal places as​ needed.)​

​c) Construct the confidence interval < p <. ​(Round tothree decimal places as​ needed.)

​d) Write a statement that correctly interprets the confidenceinterval. Choose the correct answer below.

A.One has 9999​% confidence that the sample proportion is equalto the population proportion.

B.There is a 9999​% chance that the true value of the populationproportion will fall between the lower bound and the upperbound.

C.One has 9999​% confidence that the interval from the lowerbound to the upper bound actually does contain the true value ofthe population proportion.Your answer is correct.

D. 9999​% of sample proportions will fall between the lowerbound and the upper bound.

Answer & Explanation Solved by verified expert
4.0 Ratings (549 Votes)
Solution Given thatn 1065x 548Point estimate sample proportion x n 548 1065 05151 1    See Answer
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