Using a Simple Radom Sample of 500 rental property owners in Washington State, a 95% confidence interval estimate of the proport
ion who own rental property by the water is (0.281, 0.392). Which of the following is the correct interpretation of this interval? a. Ninety-five percent of all samples of size 500 will result in a proportion of rental property between 0.281 and 0.392.
b. There is probability equal to 0.95 that the proportion of owning a rental property by the water is between 0.281 and 0.392
c. 95% confident that the sample proportion of rental propery owners in Washington is between 28.1% and 39.2%.
d. We can be 95% confident that between 28.1% and 39.2% of all rental property owners own a property by the water
Total cards = 52 Total red cards = 26 Total black cards = 26
P(one red and one black) = P(red and then black)+ P(black and then red) P(one red and one black) =(26/52)(26/51) + (26/52)(26/51) P(one red and one black) = 26/51 (Answer A)
----------------------------------------------------- Answer: 26/51 (Answer A) -----------------------------------------------------
