In a recent poll of 1,200 homeowners in the United States, one in five homeowners reports having a home equity loan that he or she is currently paying off. Using a confidence coefficient of 0.99, derive the interval estimate for the proportion of all homeowners in the United States that hold a home equity loan.

Interval estimate for the proportion of all homeowners in the United States that hold a home equity loan lie between (.17033 , .22967 ) or 17% to 22.9%

Step-by-step explanation:

Given -

In a recent poll of 1,200 homeowners in the United States, one in five homeowners reports having a home equity loan that he or she is currently paying off.

If one in five homeowners reports having a home equity loan then for 1200 homeowners = = 240 homeowners reports having a home equity loan.

Sample proportion = = 0.2

confidence coefficient = 0.99

= 1 - confidence coefficient  = 1 - 0.99 = .01

 =  2.58

interval estimate for the proportion of all homeowners in the United States that hold a home equity loan

=  

     =  

    =

    =

    =

    = (.17033 , .22967 )

1,150 give brainliest

step-by-step explanation

2r= 2300

r =1150

maximum area = xy = (16)(32) = 512 ft2

to maximize the area of the garden, the side of the fence parallel to the side of the house should be 32 ft long, and the other two sides should both have length 16 ft.'

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