Multiple Choice
Exhibit 8.4.According to a report in USA Today (February 1,2012) ,more and more parents are helping their young adult children get homes.Suppose 8 persons in a random sample of 40 young adults who recently purchased a home in Kentucky got help from their parents.You have been asked to construct a 95% confidence interval for the population proportion of all young adults in Kentucky who got help from their parents. Refer to Exhibit 8.4.What is the margin of error for a 95% confidence interval for the population proportion?
A) 1.645(0.0040)
B) 1.645(0.0632)
C) 1.96(0.0040)
D) 1.96(0.0632)
Correct Answer:
Verified
Correct Answer:
Verified
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