1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
attashe74 [19]
3 years ago
5

A survey of 1282 student loan borrowers found that 440 had loans totaling more than $20,000 for their undergraduate education. G

ive a 98% confidence interval for the proportion of all student loan borrowers who have loans of $20,000 or more for their undergraduate education. (Give answers accurate to 3 decimal places.)
Mathematics
1 answer:
Xelga [282]3 years ago
6 0

Answer:

The 98% confidence interval of the proportion = (0.312, 0.374)

Step-by-step explanation:

(Give answers accurate to 3 decimal places.)

The formula for Confidence Interval of Proportion is given as:

p ± z × √p(1 - p)/n

Where p = Proportion = x/n

x = 440

n = 1282

p = 440/1282 = 0.34321372854

Approximately = 0.343

z = z-score of 98 % confidence interval

= 2.326

Confidence Interval =

= 0.343 ± 2.326 × √0.343(1 - 0.343)/1282

= 0.343 ± 2.326 × √0.225351/1282

= 0.343 ± 2.326 × √0.00017578081

= 0.343 ± 2.326 × 0.01325823555

= 0.343 ± 0.03083865589

0.343 - 0.03083865589

= 0.31216134411

Approximately = 0.312

0.343 + 0.03083865589

= 0.37383865589

Approximately to = 0.374

Therefore, the 98% confidence interval of the proportion = (0.312, 0.374)

You might be interested in
Find multiplicative inverse of -13​
Juli2301 [7.4K]

Answer:

asdaqwdawdasd

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Need help on this question thx asap
Hoochie [10]
Its 1/7 because parallel lines have the same slope
7 0
3 years ago
TELEVISIONS in 1999, 68% of households with tv's subscribed to cable tv. if 8,000 more subscribers are added to the number of ho
Art [367]
Let x be the number of households with TV.

So .68x would be the number of households with cable.

If 8000 were added to the above number, it would be equal to 67,600,000.

Thus we have our equation:

.68x + 8000 = 67600000

Solving for x:

.68x = 67592000

x = 99,400,000
6 0
3 years ago
Try some calculations using the keypad or your keyboard
morpeh [17]

Answer:

the -3.2+8.1 is 4.9 I can't see the rest

6 0
3 years ago
Complete the table<br> 28 to 4<br> __ to 3<br> 70 to __
Elza [17]

Answer:

21 to 3

70 to 10

Step-by-step explanation:

28÷7 = 4

21÷7 = 3

70÷7 = 10

8 0
3 years ago
Other questions:
  • Proof: sin(x) + cos(x) = √2sin(x + π/4)
    5·1 answer
  • How to do the work for 0.0338÷1.3
    10·1 answer
  • Bank service charges are automatically deducted from the bank account, why are these recorded in the cash payments journal
    15·1 answer
  • I believe that D might be 6, and O might be 7 but I really don't know what G is. Can someone help me answer this please.
    15·1 answer
  • How many multiples of 3 between 1 and 100
    14·1 answer
  • 2 What is the meaning of each part of Carla's expression?​
    15·1 answer
  • Given the following 2 points, what is the equation of this line in y=mx+b form. (1, 3) and ( -3, - 5)
    10·1 answer
  • The equation of a circle is given below.
    10·1 answer
  • Find the exact perimeter of quadrilateral ABCD plotted below. A-3,2) B(6,-2) D(0,-6) C(3.-6)​
    6·2 answers
  • Simplify x + 4 − 5x − 2.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!