A random sample of 150 mortgages in the state of Mississippi was randomly selected. From this sample, 17 were found to be delinquent on their current payment. The 98% confidence interval for the proportion based on this sample is ______.
A) (0.103, 0.216)
B) (0.074, 0.152)
C) (0.053, 0.173)
D) (0.095, 0.131)
Correct Answer:
Verified
Q54: The National Center for Education would like
Q55: A_ confidence interval might be most appropriate
Q56: Dr. Jordan operates a dental practice with
Q57: The Retail Advertising and Marketing Association would
Q58: A _ confidence interval is often used
Q60: The average natural gas bill for a
Q61: The federal government would like to estimate
Q62: If a pilot sample is not available,
Q63: The point estimate may not equal the
Q64: The critical z-score for a 98% confidence
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents