1. A market firm asked 300 people in Toronto who their favorite hockey team is. 55 people said the Leafs are their favorite team.

Determine a 99% Confidence interval for the proportion of people in Toronto that have chosen the Leafs to be their favorite team. Show your work.

Pz = p* qn -z P = binomial probability number of times for a specific outcome within n trials (") number of combinations P probability of success on a single trial - probability of failure on a single trial = number of trials