The z-score associated with 98% is 2.33
The z-score associated with 98% is 2.33. If the sample p-hat is 0.60 and the standard deviation is 0.02, find the lower limit of the 98% confidence interval. The Correct Answer and Explanation is: To calculate the lower limit of the 98% confidence interval for a sample proportion (p^\hat{p}p^), we can use the formula:Confidence Interval=p^±z×σp^\text{Confidence Interval} […]
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