STA 296-In a random sample of 1500 U.S. adults
Subject: Mathematics / Statistics
Question
In a random sample of 1500 U.S. adults, 780 of them are “thriving”, which is defined as rating their current life as 7 or higher on a 10 point scale and rating their future life as 8 or higher on a 10 point scale.
Find and interpret a 99% confidence interval for the proportion of all U.S. adults who are thriving (based on this definition).Is it reasonable to conclude that the majority of all U.S. adults are thriving?
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Why or why not?
