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Nielsen Ratings Are Based on Televisions in 7000 Households. Melsen Estimates That 17,000 People Live in These Households. Suppose

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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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 .