Life Rating in Greece

Fireworks on July 4th. A local news outlet reported that 56% of 600 randomly sampled Kansas residents planned to set off fireworks on July 4th. Determine the margin of error for the 56% point estimate using a 95% confidence level.

Life rating in Greece. Greece has faced a severe economic crisis since the end of 2009. A Gallup poll surveyed 1,000 randomly sampled Greeks in 2011 and found that 25% of them said they would rate their lives poorly enough to be considered “suffering”.11

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(a) Describe the population parameter of interest. What is the value of the point estimate of this parameter?

(b) Check if the conditions required for constructing a confidence interval based on these data are met.

(c) Construct a 95% confidence interval for the proportion of Greeks who are “suffering”.

(d) Without doing any calculations, describe what would happen to the confidence interval if we decided to use a higher confidence level.

(e) Without doing any calculations, describe what would happen to the confidence interval if we used a larger sample.

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