Out of 600 people sampled, 522 had kids. The best point estimate for pp is______ . The margin of error for a 99% confidence interval is_____

Out of 600 people sampled, 522 had kids. The best point estimate for pp is__ . The margin of error for a 99% confidence interval is_

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter8: Specialized Audit Tools: Attributes Sampling, Monetary Unit Sampling, And Data Analytics Tools

Section: Chapter Questions

Problem 30CYBK

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Question

Out of 600 people sampled, 522 had kids.

The best point estimate for pp is______ .

The margin of error for a 99% confidence interval is_____ .

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