Question
Consider the sample of 600 past negligence cases. Suppose you are willing to let the 80% estimate be within .03 (3%) of the true proportion.
Consider the sample of 600 past negligence cases. Suppose you are willing to let the 80% estimate be within .03 (3%) of the true proportion. You are willing to assume a 90% confidence. Construct a 90% confidence interval on the estimate of 80%. How would you interpret it?
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Population proportion p 080 and n 600 c 090 1090 010 Z Z 2 Z 0...
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Business Statistics In Practice Using Data Modeling And Analytics
Authors: Bruce L Bowerman, Richard T O'Connell, Emilly S. Murphree
8th Edition
1259549461, 978-1259549465
