In: Statistics and Probability
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.
Solution:
92% Confidence interval for the population proportion = (0.289,0.368)
96% Confidence interval for the population proportion = (0.282,0.375)