Cyber Monday Shopping A survey of U.S. adults found that of people said that they would get no work done on Cyber Monday since they would spend all day shopping online. Find the confidence interval of the true proportion. Round intermediate answers to at least five decimal places. Round your final answers to at least three decimal places.

Question

21-04-2021
Mathematics

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Cyber Monday Shopping A survey of U.S. adults found that of people said that they would get no work done on Cyber Monday since they would spend all day shopping online. Find the confidence interval of the true proportion. Round intermediate answers to at least five decimal places. Round your final answers to at least three decimal places.

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fichoh fichoh · Answer 1 · 2021-04-26T04:04:09+02:00

Complete question :

Cyber Monday Shopping A survey of 1000 U.S. adults found that 33% of people said that they would get no work done on Cyber Monday since they would spend all day shopping online. Find the 95% confidence interval of the true proportion.

Answer:

(0.301 ; 0.359)

Step-by-step explanation:

Sample size, n = 1000

Phat = 0.33

(1 - phat) = 1 - 0.33 = 0.67

Zcritical at 95% = 1.96

Confidence interval :

Phat ± margin of error

Margin of Error = Zcritical * sqrt[(phat(1 - phat)) /n]

Margin of Error = 1.96 * sqrt[(0.33 * 0.67) / 1000]

Margin of Error = 1.96 * 0.0148694

Margin of Error = 0.0291440

Lower boundary = (0.33 - 0.0291440) = 0.300856

Upper boundary = (0.33 + 0.0291440) = 0.359144

(0.301 ; 0.359)