I get z= 1.40 and so the confidence 91.92% but the book says 84.14%.
Can you check it out please?
Of a random sample of 198 students 98 rated the case of resume inflation as unethical. Based on this info, a statistician computed for the population proportion a confidence interval extending from 0.445 to 0.545. What's the confidence level of this interval?
Thank you for all your help.
I think that one side is when you have the gaussian and you "color" everything below the curve up to a certain point; two sided when you color the curve under an interval. Here using both UCL and LCL I get z=1.40. I though that to any level of z there corrisponds one and only one level of confidence(which I can find as F(x) in the table). Might you help me understand? thank you so much.
Yes, I came to understand what you meant. I did Okay 91.92 colors up to that point but we want the interval that leaves the same both at left and at right. How much is left right? Let's see= 100-91.92= 8.08
So we take off 8.08 from the colored part and we get 91.92-8.08= 83.84.
But it is not 84.14, as in the book. Is it just approximation right? I can be okay with this result? Sorry for being so annoying Thank you so much.