36. According to statistics reported on CNBC, a surprising number of motor vehicles are not covered by

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36. According to statistics reported on CNBC, a surprising number of motor vehicles are not covered by insurance (CNBC, February 23, 2006). Sample results, consistent with the CNBC report, showed 46 of 200 vehicles were not covered by insurance.

a. What is the point estimate of the proportion of vehicles not covered by insurance?

b. Develop a 95% confidence interval for the population proportion.

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Essentials Of Statistics For Business And Economics

ISBN: 9780324568608

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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Question Posted: Nov 06, 2024 06:00 AM

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36. According to statistics reported on CNBC, a surprising number of motor vehicles are not covered by

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Essentials Of Statistics For Business And Economics

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