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lys-0071 [83]
3 years ago
7

Someone was interested in determining if there is a difference in the proportion of US adults that working hard was the most imp

ortant thing for a child to learn in 2012 and 2018. They found data on this in the General Social Survey. In 2018, out of 1542 respondents, 415 said it was the most important. In 2012, out of 1323 respondents, 326 said it was the most important. Find the margin of error with 95% confidence.
Mathematics
1 answer:
Pie3 years ago
8 0

Answer:

0.01521

Step-by-step explanation:

The Margin of Error for Difference in Proportions is given as:

z × √p1 × (1 - p1)/n1 - p2 × (1 - p2)/n2

z = z score for 95% confidence interval

= 1.96

In 2018, out of 1542 respondents, 415 said it was the most important.

p1 = x1/n1

x1= 326 n1 = 1323

p1 = 326/1323

0.246409675

Approximately = 0.246

In 2012, out of 1323 respondents, 326 said it was the most important.

p2 = x2/n2

x2 = 415, n2 = 1542

p2= 415/1942

p2 = 0.2136972194

Approximately = 0.214

Margin of Error =

1.96 × √0.246× (1 - 0.246)/1323- 0.214 × (1 - 0.214)/1542

1.96 × √0.0005699169 - 0.0005097276

1.96 × √(0.0000601893)

1.96 × 0.0077581763

= 0.0152060256

Approximately = 0.01521

Therefore, Margin of Error = 0.01521

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Mr. Tally inherited $200,000. He used a portion of the inheritance to build a house. He invested the rest of the money for one y
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Answer:

Kindly check explanation

Step-by-step explanation:

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Portion used to build house = h

Invested amount = 200,000 - h

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