ABC Bookstore sells new books according to the demand function P = -Q + 25, where P is the price and Q is the quantity. If the b
2 answers:
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Answer:
The 93% confidence interval for the true proportion of masks of this type whose lenses would pop out at 325 degrees is (0.3154, 0.5574). This means that we are 93% sure that the true proportion of masks of this type whose lenses would pop out at 325 degrees is (0.3154, 0.5574).
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
For this problem, we have that:
93% confidence level
So , z is the value of Z that has a pvalue of
, so
.
The lower limit of this interval is:
The upper limit of this interval is:
The 93% confidence interval for the true proportion of masks of this type whose lenses would pop out at 325 degrees is (0.3154, 0.5574). This means that we are 93% sure that the true proportion of masks of this type whose lenses would pop out at 325 degrees is (0.3154, 0.5574).