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Collaborative Statistics
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4. A SRS of 500 students will be selected in order to estimate the percentage of students who have access to the web from home. Suppose that 104 do not have access to the web from home. Describe a parameter of interest and estimate its value by a 92% confidence interval.
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See the attached explanation! This confidence follows the formula of p +/- z * sqrt(pq/n). You can use it for the percentage of students who do have access to the web from home or for the percentage of students who do not.
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