wants to buy a video game that cost $299 and his parents will pay 40% what will be the part he has to pay
2 answers:
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Answer: (0.8468, 0.8764)
Step-by-step explanation:
Formula to find the confidence interval for population proportion is given by :-
, where = sample proportion.
z* = Critical value
n= Sample size.
Let p be the true proportion of GSU Juniors who believe that they will, immediately, be employed after graduation.
Given : Sample size = 3597
Number of students believe that they will find a job immediately after graduation= 3099
Then,
We know that , Critical value for 99% confidence interval = z*=2.576 (By z-table)
The 99 % confidence interval for the proportion of GSU Juniors who believe that they will, immediately, be employed after graduation will be
Hence, the 99 % confidence interval for the proportion of GSU Juniors who believe that they will, immediately, be employed after graduation. = (0.8468, 0.8764)