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Question 3
In a survey, 1000 people are selected at random and asked some questions about online shopping. (i) Find the margin of error of the survey. Give your answer as a pe... show full transcript
Step 1
Step 2
Answer
Let ar{p} = \frac{762}{1000} = 76.2\%. The margin of error from Part (i) is .
The 95% confidence interval is calculated as:
This gives us:
Thus, the 95% confidence interval is .
Step 3
Answer
Let:
From the confidence interval calculated in Part (ii), we have:
Since is not within this confidence interval, we reject the null hypothesis.
Conclusion: There is sufficient evidence to reject , concluding that the percentage of people who believe it is safe to give credit card details online is not .
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Step 5
Answer
According to the Empirical Rule, approximately 68% of data falls within one standard deviation from the mean in a normal distribution.
Thus, for 6500 candidates:
Therefore, approximately 4420 candidates are within the shaded region.
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