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The data set in the accompanying table contains last month's credit card purchases of 100 customers randomly chosen from a segment of a major credit
The data set in the accompanying table contains last month's credit card purchases of 100 customers randomly chosen from a segment of a major credit card issuer. The marketing department is considering a special offer for customers who spend more than $1000 per month on their card. From these data construct a 99% confidence interval for the proportion of customers in this segment who will qualify. ifClick the icon to view the data table. X What is the confidence interval? Select the correct choice below and, if necessary, fill in the answer boxes within your choice. Credit Card Purchase Amounts A. The 99% confidence interval is %. ]%) (Round to one decimal place as needed. Use ascending order.) Full data set DB. The conditions of a confidence interval are not satisfied. Credit Card Purchase Amounts ($) 871.33 1163.18 19.03 51.15 27.95 220.69 79.44 538.43 1192.43 1105.91 1008.21 1092.25 18.65 472.27 496.98 104.94 272.68 1089.81 56.37 54.81 1146.36 63.49 55.66 558.43 731.55 1024.38 268.16 56 84 482.32 577.19 182.94 451.09 808.63 41.35 377.88 56.61 171.49 236.13 287.35 262.44 277.79 86.05 650.99 778.63 1158.85 495.49 386.25 52.97 31.11 149.71 91.81 83.22 593.38 79.33 7.22 92.68 252.36 1199.57 1182.67 923.15 864.85 142.46 209.29 258.56 348.23 169.17 60.94 88.96 77.11 59.21 81.07 67.12 87.91 96.02 795.19 642.01 447.55 27.99 719.32 77.15 65.36 1055.95 1166.28 387.75 51.87 1155.13 83.24 821.56 48.23 462.06 464.58 21.56 432.45 231.47 50.57 11.96 85.29 73.58 90.25 1082.53 Print Done Activate Windows
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