A marketing firm wanted to estimate the proportion of protected homes today. It chose a random sample of 283 homes and discovered that 95 had home security systems. Estimate the lower bound limit of the true proportion of homes with security systems with 95% confidence. Round your answer to 3 decimal places.
A marketing firm wanted to estimate the proportion of protected homes today. It chose a random sample of 283 homes and discovered that 95 had home security systems. Estimate the lower bound limit of the true proportion of homes with security systems with 95% confidence. Round your answer to 3 decimal places.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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A marketing firm wanted to estimate the proportion of protected homes today. It chose a random sample of 283 homes and discovered that 95 had home security systems. Estimate the lower bound limit of the true proportion of homes with security systems with 95% confidence.
Round your answer to 3 decimal places.
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