point estimate (phat) is 185/500 = 0.37
margin of error = critical z value * sqrt(phat* (1-phat)/sample size) =
1.96 * sqrt(0.37*0.63/500) = 0.042
Amiya C.
asked 02/26/21Out of 500 people sampled, 185 had kids.
The best point estimate for p is .
The margin of error for a 95% confidence interval is
point estimate (phat) is 185/500 = 0.37
margin of error = critical z value * sqrt(phat* (1-phat)/sample size) =
1.96 * sqrt(0.37*0.63/500) = 0.042
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