Theoretically, p-hat is the middle point of the lower and upper bounds:
p-hat = (0.47 + 0.63)/2 = 0.55.
Therefore, (0.47 , 0.63) = (0.55 - 0.08, 0.55+0.08).
MyKayla N.
asked 11/09/22Statistics
Theoretically, p-hat is the middle point of the lower and upper bounds:
p-hat = (0.47 + 0.63)/2 = 0.55.
Therefore, (0.47 , 0.63) = (0.55 - 0.08, 0.55+0.08).
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