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Find the confidence interval likely to contain the popalation parameter A nample stadistic and margin of errer are given. of
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Answer #1

23)

We know that (100 - a)% CI for true proportion is given by:

(p\pm Z_{\alpha/2}\sqrt{\frac{p(1-p)}{n}})

Since the percentage for the current year is 20.6% and the margin of error is 2.8%, so the confidence interval for true percentage is given by:

(0.206 ± 0.028)

(0.178, 0.234)

So, the confidence interval ranges from 17.8% to 23.4%.

Since 10 years ago the proportion was 17%, so based on the confidence interval, we can say that the percentage without insurance has increased from 10 years ago.

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