25.
p hat = .181
341.84 > 10 and the sample is less than 5% of the population
Lower Bound: 0.168, Upper Bound: 0.194
We are 90% confident the population proporiton of 18 year olds and older Americans who domated blood in the past 2 years is between 0.168 and 0.194
26.
p hat = .430
282.6003 > 10 and the sample is less than 5% of the population
Lower bound: - 0.401, Upper bound: 0.035
We are 95% confident the population proportion of 25 year olds and older who had less than $10,000 in savings is between -.401 and .035
27.
p hat = 0.519
250.39 > 10 and the sample is less than 5% of the population
Lower bound: 0.488, Upper bound: 0.550
It is possible, becuase it is possible that the true proportion is not captured in the confidence interval. But it isnot likely because 0.6 is outside the confidence interval.
Lower bound: 1 - 0.550 = 0.450, Upper bound: 1 - .488 = 0.512
28.
p hat = .75
192 > 10 and sample is less than 5% of the population
Lower bound: -0.025, Upper bound: 0.045
This is not very likely because .70 is pretty far outside of the confidence interval.
Lower bound: 1 - (-.25) = 1.025, Upper bound: 1-.045 = .955
29.
p hat = .111, Lower bound: .071, Upper bound: .151
Lower bound: .058, Upper bound: .164
Increasing the level of confidence increases the margin of error.