( Question 4 . )Please help me solve this statistics problem !! ....... IGNORE t
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( Question 4 . )Please help me solve this statistics problem !! ....... IGNORE the part where it says " FILL IN THE CORRECT SELECTION IN AKINDI ANSWER FORM " that has nothing to do with the problem.
4. (6 points) Confidence Bound on the Population Proportion Construct a 90.0% lower confidence bound population proportion. The sample informa- tion is X = 230 and n = 300, Enter your selection in Akindi form answer 3. A. p>0.7265 B. p>0.7354 C.p>0.7980 D. p>0.8068 E. The correct answer is not providedExplanation / Answer
Sample Proportion = 230/300 = 0.767
Margin of error = 1.645*Sqrt(0.767*(0-0.767)/300) = 0.040166
Lower Bound
0.767-0.040166
= 0.7265
Option A is Correct
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