Asked by Daniel Carrera Chavarria on Jun 26, 2024
Verified
A 90% upper confidence bound (UCB) for the population proportion p can be constructed using the following equation:
UCB =
Upper Confidence Bound
A value at the upper end of a confidence interval, indicating the highest value that, with a certain level of confidence, is believed to enclose the true population parameter.
Population Proportion
The proportion of a certain outcome or characteristic within an entire population.
- Acquire insight into the foundational concepts and procedures for computing confidence intervals and margins for population means and proportions.
Verified Answer
HN
Hannah Nguyen TranJun 29, 2024
Final Answer :
True
Explanation :
This is the correct formula for calculating a 90% upper confidence bound for the population proportion p. The value of e represents the margin of error, which is dependent on the sample size and level of confidence.
Learning Objectives
- Acquire insight into the foundational concepts and procedures for computing confidence intervals and margins for population means and proportions.