A newspaper wants to estimate the proportion of Americans who will vote for Candidate A. A random sample of 1000 voters is selected. Of the 1000 respondents, 526 say that they will vote for Candidate A. Which Excel function would be used to construct a confidence interval estimate?

Respuesta :

Answer:

The correct answer to the following question will be "NORM.S.INV".

Explanation:

  • The NORM.IN.V function in Excel determines the opposite of the Cumulative Standard Distribution Function for just a value of x which is given, and the standard deviation and mean of the distribution provided. The probability of NORMINV(mean, probability, standard deviation).
  • In Excel 2010, the standard. S. Inv function is new and is therefore not easily accessible in Excel's earlier versions.

Therefore, NORM.S.INV is the right answer.