Answer:
99% confidence interval for the proportion of adults who professed to be baseball fans in November 2003 is (46.9%, 55.1%)
This interval means that the lower limit of the proportion of adults who professed to be baseball fans is 46.9% and the upper limit of the proportion is 55.1%
Step-by-step explanation:
Confidence interval = P' + or - t×sqrt[P'(1-P') ÷ n]
P' is sample proportion = 51% = 0.51
n = 1001
confidence level = 99%
t-value corresponding to 99% confidence interval and infinity degree of freedom is 2.576
t × sqrt[P'(1-P') ÷ n] = 2.576 × sqrt[0.51(1-0.51) ÷ 1001] = 2.576 × 0.0158 = 0.041
Lower limit = P' - 0.041 = 0.51 - 0.041 = 0.469 = 46.9%
Upper limit = P' + 0.041 = 0.51 + 0.041 = 0.551 = 55.1%
99% Confidence interval is (46.9%, 55.1%)
The interval means that the proportion of adults who professed to be baseball fans in November 2003 is between 46.9% and 55.1%