Use the sample data and confidence level given below to complete parts (a) through (d) A drug is used to help prevent blood clots in certain patients In clinical trials, among 4170 patients treated with the drug, 153 developed the adverse reaction of nausea. Constr proportion of adverse reactions. a) Find the best point estimate of the population proportion \( p \). \[ 0.037 \] (Round to three decimal places as needed ) b) Identify the value of the margin of error E \[ E=0006 \] (Round to three decimal places as needed ) c) Construct the confidence interval. \( \square \) \(
Upstudy AI Solution
Answer
Solution
Answered by UpStudy AI and reviewed by a Professional Tutor


Mind Expander
To complete the tasks using the given sample data, we confirm the point estimate and then calculate the margin of error and confidence interval as follows: a) The best point estimate of the population proportion \( p \) is calculated as: \[ p = \frac{x}{n} = \frac{153}{4170} \approx 0.0367 \quad \text{(rounded to three decimal places)} \Rightarrow 0.037 \] b) The margin of error \( E \) provided is: \[ E \approx 0.006 \] c) To construct the confidence interval: \[ \text{Lower limit: } p - E = 0.037 - 0.006 = 0.031 \] \[ \text{Upper limit: } p + E = 0.037 + 0.006 = 0.043 \] Thus, the confidence interval is: \[ 0.031 < p < 0.043 \] (Rounded to three decimal places as needed.)