Sonny works as a furniturw salesman and earns a base salary of 350 dollars per week plus 6% commission on sale.What was sonny's
2 answers:
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Answer:
(0.767,0.833)
Step-by-step explanation:
The 95% confidence interval for population proportion p can be computed as
The z-value associated with 95% confidence level is 1.96.
whereas p=x/n
We are given that x=440 and n=550.
p=440/550=0.8
Thus, the required confidence interval is
0.767<P<0.833 (rounded to 3 decimal places)
Hence, we are 95% confident that our true population proportion will lie in the interval (0.767,0.833)