Question
upstudy study bank question image url

\begin{tabular}{l} Working at home: According to the U.S. Census Bureau, \( 34 \% \) of men who worked at home were college graduates. In a sample of 500 women who worked at \\ home, 170 were college graduates. \\ Part: \( 0 / 3 \) \\ Part 1 of 3 \\ (a) Find a point estimate for the proportion of college graduates among women who work at home. Round the answer to at least three decimal places. \\ The point estimate for the proportion of college graduates among women who work at home is 0.340 , \\ Part: \( 1 / 3 \) \\ Part 2 of 3 \\ (b) Construct a \( 90 \% \) confidence interval for the proportion of women who work at home who are college graduates. Round the answer to at least three \\ decimal places. \\ A \( 90 \% \) conficence interval for the proportion of women who work at home who are college graduates is \( \square p<\square \) \\ \hline\end{tabular}

Ask by Alexander Mathis. in the United States
Feb 19,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

The point estimate for the proportion of college graduates among women who work at home is 0.340. A 90% confidence interval for this proportion is approximately 0.305 to 0.375.

Solution

We are given that 170 out of 500 women who worked at home were college graduates. Step 1. Point Estimate The point estimate (p̂) for the proportion is the sample proportion:   p̂ = 170 / 500 = 0.340 Step 2. Constructing a 90% Confidence Interval 1. Calculate the standard error (SE) for the proportion:   SE = √[(p̂(1 − p̂)) / n]   = √[(0.34 × 0.66) / 500]   = √(0.2244 / 500)   = √0.0004488 ≈ 0.021189 2. Determine the critical value for a 90% confidence level. For a 90% confidence interval, the z* value is approximately 1.645. 3. Calculate the margin of error (ME):   ME = z* × SE ≈ 1.645 × 0.021189 ≈ 0.03485 4. Compute the confidence interval:   Lower limit = p̂ − ME = 0.340 − 0.03485 ≈ 0.305   Upper limit = p̂ + ME = 0.340 + 0.03485 ≈ 0.375 Thus, a 90% confidence interval for the proportion of women who are college graduates when working at home is approximately (0.305, 0.375).

Answered by UpStudy AI and reviewed by a Professional Tutor

error msg
Explain
Simplify this solution

The Deep Dive

To find a \( 90\% \) confidence interval for the proportion of college graduates among women who work at home, we start by calculating the point estimate, which in this case is \( \hat{p} = \frac{170}{500} = 0.340 \). Next, we need to calculate the standard error (SE) of the proportion: \[ SE = \sqrt{\frac{\hat{p}(1 - \hat{p})}{n}} = \sqrt{\frac{0.340(1 - 0.340)}{500}} \approx 0.0223 \] For a \( 90\% \) confidence level, the z-score is approximately \( 1.645 \). Now we can calculate the margin of error (ME): \[ ME = z \cdot SE \approx 1.645 \cdot 0.0223 \approx 0.0367 \] Finally, we construct the confidence interval: \[ CI = \hat{p} \pm ME = 0.340 \pm 0.0367 \] This gives us: \[ \text{Lower limit} = 0.340 - 0.0367 \approx 0.3033 \] \[ \text{Upper limit} = 0.340 + 0.0367 \approx 0.3767 \] Thus, rounding to three decimal places, we have: \[ 0.303 < p < 0.377 \] So, a \( 90\% \) confidence interval for the proportion of women who work at home who are college graduates is \( 0.303 < p < 0.377 \).

Related Questions

Latest Statistics Questions

Try Premium now!
Try Premium and ask Thoth AI unlimited math questions now!
Maybe later Go Premium
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy