In: Statistics and Probability
A catalog sales company promises to deliver orders placed on the Internet within 3 days. Follow-up calls to a few randomly selected customers show that a 90% confidence interval for the proportion of all orders that arrive on time is 88% ±4%. What does this mean? Are the conclusions below correct? Explain.
a) Between 84% and 92% of all orders arrive on time. |
|
b) |
90% of all random samples of customers will show that 88% of orders arrive on time. |
c) |
90% of all random samples of customers will show that 84% to 92%of orders arrive on time. |
d) |
The company is 90% sure that between 84% and 92% of the orders placed by the customers in this sample arrived on time. |
e) |
On 90% of the days, between 84% and 92% of the orders will arrive on time. |
(a)
Not correct
Explanation:
90% Confidence Interval is 88%4% means: On 90% of the days, between 84% and 92% of the orders will arrive on time.
(b)
Not correct
Explanation:
90% Confidence Interval is 88%4% means: On 90% of the days, between 84% and 92% of the orders will arrive on time.
(c)
Not correct
Explanation:
90% Confidence Interval is 88%4% means: On 90% of the days, between 84% and 92% of the orders will arrive on time.
(d)
Not correct
Explanation:
90% Confidence Interval is 88%4% means: On 90% of the days, between 84% and 92% of the orders will arrive on time.
(e)
Correct
Explanation:
90% Confidence Interval is 88%4% means: On 90% of the days, between 84% and 92% of the orders will arrive on time.