According to a report published by the Pew Research Center in February 2010, 61% of Millennial (Americans in their teens and 20's) think that their generation has a unique and distinctive identity
a. Calculate the 95% confident interval to estimate the percentage of Millennial who believe that their generation has a distinctive identity as compared with the other generations (the generation X, baby boomers, or the silent generation)
b. Calculate the 99% confident interval
c. Are both these results compatible with the conclusion that the majority of millennial believe they have a unique identity that separates them from the previous generations?
The solution contains step-by-step calculation of 99% and 95% confidence interval for proportion from the given data.