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From a large number of actuarial exam scores, a random sample of250 scores is selected, and it is found that172 of these250 are passing scores.
From a large number of actuarial exam scores, a random sample of250
scores is selected, and it is found that172
of these250
are passing scores. Based on this sample, find a90
%
confidence interval for theproportion of all scores that are passing. Then find the lower limit and upper limit of the90
%
confidence interval.
Carry your intermediate computations to at least three decimal places. Round your answers to two decimal places. (If necessary, consult alist of formulas.)
Lower limit:
Upper limit:
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