Respuesta :
Answer:
ME=0.014
Sample Proportion=0.725
Step-by-step explanation:
-The margin of error is defined as the percentage by which obtained results differ from the real population value.
-It is calculated as half the difference between the confidence interval levels:
[tex]ME=\frac{1}{2}[CI_u-CI_l]\\\\=0.5[0.739-0.711]\\\\=0.014[/tex]
Hence, the margin of error is 0.014
-The sample proportion is mathematically half the sum of the confidence intervals:
[tex]ME=\frac{1}{2}[CI+u-CI_l]\\\\=0.5[0.739+0.711]\\\\=0.725[/tex]
Hence, the sample proportion is 0.725
Using confidence interval concepts, it is found that:
- The sample proportion is of 0.725.
- The margin of error is of 0.014.
What are the point estimate and the margin of error of a confidence interval:
Considering the interval having bounds (a,b), we have that:
- The point estimate is (a + b)/2.
- The margin of error is (b - a)/2.
In this problem, the interval is (0.711,0.739), hence a = 0.711, b = 0.739, and:
(0.711 + 0.739)/2 = 0.725
(0.739 - 0.711)/2 = 0.014.
Then:
- The sample proportion is of 0.725.
- The margin of error is of 0.014.
More can be learned about confidence interval concepts at https://brainly.com/question/25779324