A study found that 55% of British firms experienced a cyberattack in the past year (bbc.com, April
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A study found that 55% of British firms experienced a cyberattack in the past year (bbc.com, April 23, 2019). Suppose that the study was based on 600 British firms.
a. At 95% confidence, what is the margin of error?
b. Construct the 95% confidence interval for the population proportion of British firms that experienced a cyberattack in the past year.
c. At 95% confidence, what can be done to reduce the margin of error?
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9781260716306
4th Edition
Authors: Sanjiv Jaggia, Alison Kelly
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