Math Problem Statement
A survey asked, "How important is it to you to buy products that are made in America?" of the 600 Americans surveyed, 450 responded, "It is important." For each of the following levels of confidence, find the sample proportion and the margin of error (MOE) associated with the poll. (Give the answers to one decimal place, if needed.) (a) A 90% level of confidence Sample proportion is % MOE = %
(b) A 95% level of confidence Sample proportion is % MOE = %
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Sample Proportion
Margin of Error
Confidence Intervals
Formulas
Sample Proportion: p̂ = x / n
Margin of Error: MOE = z * sqrt[(p̂(1 - p̂)) / n]
Theorems
Central Limit Theorem
Suitable Grade Level
Grades 9-12
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