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A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examine the records for allstudents,
A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examine the records for allstudents, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid. Use a95% confidence interval to estimate the true proportion of students on financial aid.
I need help with this I believe i use the formula x/n=118/200= .59 and I know the confidence level= 1.96
I can not remember where to go from here please
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