Question

In: Statistics and Probability

The data could be that you researched online by looking at a local dealership to find...

The data could be that you researched online by looking at a local dealership to find that 1586 of the 2152 vehicles sold are SUVs. You want to calculate a 92% confidence interval for the population proportion.

Solutions

Expert Solution

Solution:

92% Confidence interval for the population proportion = (0.289,0.368)

96% Confidence interval for the population proportion = (0.282,0.375)


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