Determine the point estimate of the population proportion, the margin of error
for the following confidence interval, and the number of individuals in the
sample with the specified characteristic, x, for the sample size provided.
Lower bound = 0.412. upper bound = 0.878. n = 1000

Respuesta :

Answer:

[tex]\hat p=0.645\\\\ME=0.233\\\\x=645 \ individuals[/tex]

Step-by-step explanation:

-Given the boundaries as 0.412 and 0.878

-[tex]\hat p[/tex] is the point estimate for the population proportion and is calculated as follows:

[tex]\hat p=\frac{Upper \ Bound+Lower \ Bound}{2}\\\\=\frac{0.878+0.412}{2}\\\\=0.645\\\\[/tex]

#The margin of error, ME can be calculated for the confidence intervals using the formula:

[tex]ME=\frac{Upper \ Bound-Lower \ Bound}{2}\\\\=\frac{0.878-0.412}{2}\\\\=0.233[/tex]

#The number of individuals in the sample is the product of the point estimate and population size:

[tex]\hat p=\frac{x}{n}\\\\x=\hat pn\\\\=0.645\times 1000\\\\=645[/tex]

Hence, there are 645 individuals in the sample.