Problem

Question 14
5 pts 01 Details
Out of a sample of 100 adults aged 18 to 30,34 still lived with their parents. Based on this, construct a 905 confidence interval for the true population proportion of adults ages 18 to 30 that stilt live with their parents.

Give your answers rounded to 4 decimal places.

Answer

Expert–verified
Hide Steps
Answer

Final Answer: The 90% confidence interval for the true population proportion of adults ages 18 to 30 that still live with their parents is [0.2621,0.4179].

Steps

Step 1 :Given a sample of 100 adults aged 18 to 30, where 34 still lived with their parents, we are asked to construct a 90% confidence interval for the true population proportion of adults ages 18 to 30 that still live with their parents.

Step 2 :The formula for a confidence interval for a population proportion is given by: p^±Zp^(1p^)n, where p^ is the sample proportion, Z is the Z-score corresponding to the desired confidence level, and n is the sample size.

Step 3 :In this case, p^=34100=0.34, n = 100, and the Z-score for a 90% confidence interval is approximately 1.645.

Step 4 :Substituting these values into the formula, we get the standard error (SE) as SE=0.34(10.34)100=0.04737.

Step 5 :Then, we calculate the lower and upper bounds of the confidence interval as CIlower=0.341.6450.04737=0.2621 and CIupper=0.34+1.6450.04737=0.4179 respectively.

Step 6 :Final Answer: The 90% confidence interval for the true population proportion of adults ages 18 to 30 that still live with their parents is [0.2621,0.4179].

link_gpt