A survey developed by Babson College and the Association of Womens Business Centers (WBCs) was distributed to

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A survey developed by Babson College and the Association of Women’s Business Centers (WBCs) was distributed to WBCs in the United States. Of a representative sample of 20 WBCs, 40% reported that they had received funding from the national Small Business Association (SBA).

a) Check the assumptions and conditions for inference on proportions.

b) If it’s appropriate, find a 90% confidence interval for the proportion of WBCs that received SBA funding.

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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