What percentage is the fraction 2/4 equal to?
1 answer:
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Answer:
The upper limit for the 95% confidence interval for the population proportion of defective gaming systems is 0.022
Step-by-step explanation:
Upper Limit for 95% Confidence Interval can be calculated using p+ME where
- p is the sample proportion of defective gaming systems (
)
- ME is the margin of error from the mean
and margin of error (ME) around the mean can be found using the formula
ME= where
- z is the statistic of 95% confidence level (1.96)
- p is the sample proportion (
- N is the sample size (1200)
Using the numbers we get:
ME= ≈ 0.007
Then upper limit for the population proportion is 0.015+0.007 =0.022