Question

Asked Nov 24, 2019

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A firm randomly samples 100 workers at its New York plant and finds that 32% of the workers say that they buy the firm's product. Calculate a 99% confidence interval estimate for the true percentage of workers who say they buy the firm's product.

Please explain

Answer: (.20, .44)

Step 1

The proportion of workers who say that they buy the firm’s product is 0.32.

Step 2

The 99% confidence ...

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