Question:
A retirement confidence survey of 1000 workers and retirees
Last updated: 11/1/2023
A retirement confidence survey of 1000 workers and retirees in the united states 25 years of age and older conducted by Employee Benefit Research Institute in January 2014 found that 496 had less than 10 000 in savings a Obtain a point estimate for the population proportion of workers and retirees in the US 25 years of age and older who have less than 10 000 in savings b Verify that the requirements for constructing a confidence interval about p are satisfied C Construct a 95 confidence interval for the population proportion of workers and retirees in the US 25 years of age and older who have less than 10 000 in savings d Interpret the interval