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