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In Exercises 3.49 and 3.50 , a \(95 \%\) confidence interval is given, followed by possible values of the population parameter. Indicate which of the values are plausible values for the parameter and which are not. A \(95 \%\) confidence interval for a proportion is 0.72 to \(0.79 .\) Is the value given a plausible value of \(p ?\) (a) \(p=0.85\) (b) \(p=0.75\) (c) \(p=0.07\)

Short Answer

Expert verified
The plausible value for \(p\) is \(p = 0.75\). The values \(p = 0.85\) and \(p = 0.07\) are not plausible.

Step by step solution

01

Identify the Confidence Interval

The 95% confidence interval given is 0.72 to 0.79. This means we can be 95% confident that the true value of the population proportion is within this interval.
02

Evaluate Each Value

Now, for each value, examine if it falls within the given interval. The values are: (a) \(p = 0.85\), (b) \(p = 0.75\), and (c) \(p = 0.07\).
03

Determine Plausibility

(a) \(p = 0.85\) does not lie within the interval 0.72 to 0.79, so it isn't a plausible value. \n(b) \(p = 0.75\) lies within the interval 0.72 to 0.79, so it is a plausible value. \n(c) \(p = 0.07\) does not lie within the interval 0.72 to 0.79, so it isn't a plausible value.

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