Math Problem Statement
A sample of 100 results in 27 successes.
Calculate the point estimate for the population proportion of successes.
Note: Round final answer to 3 decimal places.
Construct the 95% and the 90% confidence intervals for the population proportion.
Note: Round final answers to 3 decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Proportion Estimation
Confidence Intervals
Formulas
Point estimate of population proportion: p̂ = x/n
Confidence interval formula for population proportion: p̂ ± Z * sqrt((p̂(1 - p̂))/n)
Theorems
Central Limit Theorem
Suitable Grade Level
Grades 11-12 or College Statistics
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