SCENARIO 8-8 The president of a university would like to estimate the proportion of the student population that owns a personal computer.In a sample of 500 students, 417 own a personal computer.
-Referring to Scenario 8-8, we are 99% confident that between 79.11% and 87.69% of the student population own a personal computer.

Question

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The confidence interval for the proportion of the student population that owns a personal computer, based on the sample of 500 students and 417 who own a personal computer, is calculated to be 0.7911 to 0.8769. The statement in the scenario is that we are 99% confident that the proportion falls within this interval, which is true. Based on the given sample data and a 99% confidence level, the confidence interval for the proportion of students who own a personal computer is calculated to be 79.11% to 87.69%.

SCENARIO 8-8 the President of a University Would Like to Estimate