A Monster.com poll of 3057 individuals asked: Whats the longest vacation you plan to take this summer?
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A Monster.com poll of 3057 individuals asked: “What’s the longest vacation you plan to take this summer?” The following relative frequency distribution summarizes the results.
ResponseRelative Frequency
A few days...............0.21
A few long weekends..........0.18
One week...............0.36
Two weeks...............0.22
a. Construct the 95% confidence interval for the proportion of people who plan to take a one-week vacation this summer.
b. Construct the 99% confidence interval for the proportion of people who plan to take a one-week vacation this summer.
c. Which of the two confidence intervals is wider?
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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