Question
Critical values for quick reference during this activity. confidence level / critical value 0.90.....z*=1.645 0.95.....z*=1.960 0.99.....z*=2.576 The manager of a bookstore with a coffee shop
Critical values for quick reference during this activity.
confidence level / critical value
0.90.....z*=1.645
0.95.....z*=1.960
0.99.....z*=2.576
The manager of a bookstore with a coffee shop wants to know the proportion of customers that come into the store because of the coffee shop. A random sample of 75 customers was polled. Use Sheet 1 of the Excel file linked above to calculate p^ and the 95% confidence interval.
p^=?
Upper bound for 95% confidence interval = ?
Lower bound for 95% confidence interval = ?
The manager can say with 95% confidence that the true population proportion of the customers that come into the store because of the coffee shop is in the interval [ , ]?
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