In: Statistics and Probability
Based on a sample of 150 items, in which 45 items exhibited the trait deemed to be a success, when constructing a 99% confidence interval...
a) ...what is the low-end value of the confidence interval? (ANSWER AS A PERCENT TO 2 DECIMALS)
b) ...what is the high-end value of the confidence interval? (ANSWER AS A PERCENT TO 2 DECIMALS)
c) ...is it reasonable to assume the population proportion is 41%? (Y or N)