The management of a health insurance company wants to know the percentage of its policyholders who have

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The management of a health insurance company wants to know the percentage of its policyholders who have tried alternative treatments (such as acupuncture, herbal therapy, etc.). A random sample of 24 of the company€™s policyholders was asked whether or not they have ever tried such treatments. The following are their responses.


a. What is the point estimate of the corresponding population proportion?
b. Construct a 99% confidence interval for the percentage of this company€™s policyholders who have tried alternative treatments.

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