Solution-Calculate the error bound

Calculate the error bound

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Reference no: EM131822325

Stanford University conducted a study of whether running is healthy for men and women over age 50. During the first eight years of the study, 1.5% of the 451 members of the 50-Plus Fitness Association died. We are interested in the proportion of people over 50 who ran and died in the same eight-year period.

a. Define the Random Variables X and P', in words.

b. Which distribution should you use for this problem? Explain your choice.

c. Construct a 97% confidence interval for the population proportion of people over 50 who ran and died in the same eight-year period.

i. State the confidence interval.

ii. Sketch the graph.

iii. Calculate the error bound.

d. Explain what a "97% confidence interval" means for this study.

Reference no: EM131822325

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Calculate the error bound

Reference no: EM131822325

Reference no: EM131822325

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