Question

In: Statistics and Probability

A catalog sales company promises to deliver orders placed on the Internet within 3 days.​ Follow-up...

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.

Solutions

Expert Solution

(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.


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