Question
The management of a famous biscuit factory in Edinburgh wants to determine a 95% confidence interval for the fraction of chocolate biscuits that it sells.
The management of a famous biscuit factory in Edinburgh wants to determine a 95% confidence interval for the fraction of chocolate biscuits that it sells. In a given month, of the 696 units of biscuits that it sold, 410 were chocolate flavoured. From past experience, they know that the standard deviation is 5 biscuits. What is the confidence interval?
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Matlab With Applications To Mathematics, Science, Engineering, And Finance
Authors: Jose Miguel David Baez Lopez, David Alfredo Baez Villegas
1st Edition
1351856162, 9781351856164
