Dwight has $124, with which he can buy at most 2 video games that are the same price. Use an inequality to find the maximum pric
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The confidence interval would be (0.122, 0.278).
We first find our z-score. We want a 95% confidence interval:
0.95/2 = 0.475
Looking this up in the z-table, (http://www.statisticshowto.com/tables/z-table/) we see the z-score is 1.96.
The formula we will use is:
In this problem, p = 20/100 = 0.2, and n=100:
We first find our z-score. We want a 95% confidence interval:
0.95/2 = 0.475
Looking this up in the z-table, (http://www.statisticshowto.com/tables/z-table/) we see the z-score is 1.96.
The formula we will use is:
In this problem, p = 20/100 = 0.2, and n=100: