5. In a random sample of 210 students, 80% stated that they feel they made the right choice by attending CU Denver. a. Construct a 98% confidence interval for the true proportion of students who feel they made the right decision to attend CU Denver. Include the form your interval takes, the setup with the value for either za½2 or tα/2, and the resulting lower and upper bounds of the interval. b. Interpret your interval in context. 6. Revisiting question number 5, determine what size sample is needed if we wanted to estimate the true proportion of students who feel they made the right choice by attending CU Denver to within 1% using 95% confidence.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Hello, I am extremely confused on the following questions. Can I get help with all of them? They pertain to the same question. Answers with CORRECT and clear explanations would be helpful. Thanks!
5. In a random sample of 210 students, 80% stated that they feel they made the right choice by
attending CU Denver.
a.
Construct a 98% confidence interval for the true proportion of students who feel
they made the right decision to attend CU Denver. Include the form your interval takes, the
setup with the value for either za½2 or tα/2, and the resulting lower and upper bounds of
the interval.
b.
Interpret your interval in context.
Transcribed Image Text:5. In a random sample of 210 students, 80% stated that they feel they made the right choice by attending CU Denver. a. Construct a 98% confidence interval for the true proportion of students who feel they made the right decision to attend CU Denver. Include the form your interval takes, the setup with the value for either za½2 or tα/2, and the resulting lower and upper bounds of the interval. b. Interpret your interval in context.
6.
Revisiting question number 5, determine what size sample is needed if we wanted to
estimate the true proportion of students who feel they made the right choice by attending CU
Denver to within 1% using 95% confidence.
Transcribed Image Text:6. Revisiting question number 5, determine what size sample is needed if we wanted to estimate the true proportion of students who feel they made the right choice by attending CU Denver to within 1% using 95% confidence.
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