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1. Each person in a random sample of 1.026 adults in the United States was asked the following question "Based on what you know about the Social Security System today, what would you like Congress and the President to do during this next year? The response choice and the percentages selecting them are shown below

Completely overhaul the system 19%
Make some major changes 39%
Make some minor adjustments 30%
Leave the system the way it is now
No opinion 1%

Find a 95% confidence interval for the proportion of all United States adults who would respond "Make some major changes to the question
a. Identify the variables needed to solve the problem.
b. Can a normal distribution be used to approximate this data Justify your evidence. c. Find the standard deviation
d. Calculate the point estimate and margin of error
e. calculate the confidence interval ​

User ROunofF
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Answer:

Explanation:

a. Variables needed to solve the problem:

Sample size: n = 1,026

Proportion of the sample that responded "Make some major changes": p = 0.39

Confidence level: 95%

b. To determine if a normal distribution can be used to approximate the data, we need to check if the sample size is large enough to meet the requirements for a normal approximation. The sample size should be at least 10 times larger than the number of successes (np) and 10 times larger than the number of failures (n(1-p)). In this case, we have:

np = 1026 x 0.39 = 399.14

n(1-p) = 1026 x 0.61 = 626.86

Both np and n(1-p) are greater than 10, so we can assume that a normal distribution can be used to approximate the data.

c. The standard deviation of the proportion can be calculated using the following formula:

standard deviation = sqrt(p(1-p) / n)

standard deviation = sqrt(0.39 x 0.61 / 1026) = 0.024

d. The point estimate of the proportion of all United States adults who would respond "Make some major changes" is simply the sample proportion, which is p = 0.39. The margin of error can be calculated using the following formula:

margin of error = z* * standard deviation

where z* is the z-score associated with the 95% confidence level. Using a standard normal distribution table or a calculator, we find that the z-score for a 95% confidence level is approximately 1.96. Therefore:

margin of error = 1.96 * 0.024 = 0.047

e. The confidence interval can be calculated using the following formula:

confidence interval = point estimate ± margin of error

confidence interval = 0.39 ± 0.047

confidence interval = (0.343, 0.437)

Therefore, we are 95% confident that the proportion of all United States adults who would respond "Make some major changes" is between 0.343 and 0.437.

User SSpoke
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