In: Statistics and Probability
random samples of 400 bottles of hairspray are distributed in the grocery store. Of the bottles, 300 have a cash prize inside the cap. Which of the following is a 90% confidence interval for the true proportion of bottles that have the cash prize at the grocery store?
We have given here,
x=300
n=400
Estimate for sample proportion
Level of significance is =1-0.90=0.1
Z critical value(using Z table)=1.645