Instruction 8-10
The Registrar of a university would like to estimate the proportion of the student population who owns a personal computer.In a sample of 500 students,417 own a personal computer.
-Referring to Instruction 8-10,it is possible that the 99% confidence interval calculated from the data will not contain the proportion of student population who own a personal computer.

Question

Quizplus · Accepted Answer

A confidence interval provides a range of values within which the true population parameter is expected to fall. However, there is still a 1% chance (in a 99% confidence interval) that the true proportion does not fall within this interval.

Instruction 8-10 the Registrar of a University Would Like to Estimate the Estimate