Answer:
Yes, we can expect the given result
Step-by-step explanation:
The population proportion P = 0.60
the 95% confidence interval is ( 0.56, 0.76)
The 95% confidence that the true population proportion lies between the interval ( 0.56, 0.76)
Only 5% of 20 random samples i.e only 1 sample is not contain in the population proportion.
adding by 5
,...............................
the balance would probably be $37
£50
£1 = $1.54
£x = $77
Cross multiply.
1.54x = 77
x = 77/1.54
x = 50
You would get £50 for $77.
