Question
Nielsen ratings are based on televisions in 7000 households. Melsen estimates that 17,000 people live in these households. Suppose Nelsen reports that American Idol had 65% of the TV audience.Interpret this result with a 95% confidence interval, based on a sample size of 17 ,000 people. Marginofetror=square % (Round to one decimal place as needed.) Confidence interval is from square % to square %
Solution
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Amina
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Answer
### Margin of error =
### Confidence interval is from
to
Explanation
## Step 1: Calculate the Margin of Error### The margin of error for a 95% confidence interval is calculated using the formula
, where
is the sample proportion (0.65) and
is the sample size (17000). Substituting the values, we get
. Converting this to a percentage, we get
.## Step 2: Calculate the Confidence Interval### The confidence interval is calculated as
. In this case, it's
. This gives us a range from
to
.