Fewer young people are driving. In 1995, 63.9% of people under 20 years old who were eligible had a driver's license. Bloomberg reported that percentage had dropped to 41.7% in 2016. Suppose these...


Fewer young people are driving. In 1995, 63.9% of people under 20 years old who were eligible had a driver's license. Bloomberg reported that percentage had<br>dropped to 41.7% in 2016. Suppose these results are based on a random sample of 1,200 people under 20 years old who were eligible to have a driver's license<br>in 1995 and again in 2016.<br>a. At 95% confidence, what is the margin of error and the interval estimate of the number of eligible people under 20 years old who had a driver's license in<br>1995?<br>Margin of error =<br>(to four decimal places)<br>Interval estimate =<br>to<br>(to four decimal places)<br>b. At 95% confidence, what is the margin of error and the interval estimate of the number of eligible people under 20 years old who had a driver's license in<br>2016?<br>Margin of error =<br>(to four decimal places)<br>Interval estimate =<br>to<br>(to four decimal places)<br>c. Is the margin of error the same in parts (a) and (b)?<br>Select your answer -<br>Why, or why not?<br>- Select your answer -<br>

Extracted text: Fewer young people are driving. In 1995, 63.9% of people under 20 years old who were eligible had a driver's license. Bloomberg reported that percentage had dropped to 41.7% in 2016. Suppose these results are based on a random sample of 1,200 people under 20 years old who were eligible to have a driver's license in 1995 and again in 2016. a. At 95% confidence, what is the margin of error and the interval estimate of the number of eligible people under 20 years old who had a driver's license in 1995? Margin of error = (to four decimal places) Interval estimate = to (to four decimal places) b. At 95% confidence, what is the margin of error and the interval estimate of the number of eligible people under 20 years old who had a driver's license in 2016? Margin of error = (to four decimal places) Interval estimate = to (to four decimal places) c. Is the margin of error the same in parts (a) and (b)? Select your answer - Why, or why not? - Select your answer -

Jun 11, 2022
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