A random sample of 200 items reveals that 144 of the items have the attribute of interest.

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a. What is the point estimate for the population proportion for all items having this attribute?

b. Use the information from the random sample to develop a 95% confidence interval estimate for the population proportion, p, of all items having this attribute of interest.

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Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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Question Posted: Sep 21, 2024 10:03 AM

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A random sample of 200 items reveals that 144 of the items have the attribute of interest.

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Business Statistics A Decision Making Approach

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