In: Statistics and Probability
1.) The Nile Superstore is conducting a survey of consumer preferences for a new wireless e-book reader. A sample of 170 people reveals that 130 would buy the new reader.
A. What is the 86% confidence interval for the population proportion?
B. The Nile Superstore wants to test the claim that 75% of their customers would buy the new e-reader. Conduct a hypothesis test and use alpha=0.06.
(Please show all work)