A corporation employs 148 sales representatives. A random sample of 60 of them was taken, and it was found that, for 36 of the sample members, the volume of orders taken this month was higher than for the same month last year. Find a 95% confidence interval for the population proportion of sales representatives with a higher volume of orders.
A corporation employs 148 sales representatives. A random sample of 60 of them was taken, and it was found that, for 36 of the sample members, the volume of orders taken this month was higher than for the same month last year. Find a 95% confidence interval for the population proportion of sales representatives with a higher volume of orders.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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A corporation employs 148 sales representatives. A random sample of 60 of them was taken, and it was found that, for 36 of the sample members, the volume of orders taken this month was higher than for the same month last year. Find a 95% confidence interval for the population proportion of sales representatives with a higher volume of orders.
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