Point Estimation Prob Stats

Prob. 7.1.13 - Find point estimate and confidence interval. Interpret the confidence interval.

In this video, we solve problem 7.1.13 from Essentials of Statistics, 6th edition, by Triola. We're given some data, and asked to find (a) the best point estimate of the population proportion p, (b) the margin of error E, corresponding to a 95% confidence level, and (c) the confidence interval. Then, in part (d), we're asked to interpret the ...

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