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Mathematics, 29.10.2020 03:20 hwhite41

Living at home: According to a 2011 report from the U. S. Census, 59% of young men (age 18-24) are living at home with their parents. Suppose that we plan to select a random sample of 100 young men from your community. If we use the national figure of 59%, we estimate that the standard error is about 0.05 for results from random samples of 100 young men from your community. When we select a random sample of 100 young men from your community, we find that 50% are living at home. Which gives the best interpretation of the 95% confidence interval to estimate the percentage of young men in your community who are living at home?

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