A random sample of 50 employees of a large company was asked the question, "Do you participate in the company's stock purchase plan?" The answers are shown below.   yes     no    no     yes    no     no     yes    yes    no      no no      yes   yes    yes    no     yes    no     no     yes    yes no      yes   yes    no     yes    yes    no     yes    yes    yes yes     no    no     yes    yes    yes    yes    yes    no      yes no      yes   yes    no     yes    yes    yes    yes    yes    yes   Use a 90% confidence interval to estimate the proportion of employees who participate in the company's stock purchase plan.

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 random sample of 50 employees of a large company was asked the question, "Do you participate in the company's stock purchase plan?" The answers are shown below.

 

yes     no    no     yes    no     no     yes    yes    no      no

no      yes   yes    yes    no     yes    no     no     yes    yes

no      yes   yes    no     yes    yes    no     yes    yes    yes

yes     no    no     yes    yes    yes    yes    yes    no      yes

no      yes   yes    no     yes    yes    yes    yes    yes    yes

 

Use a 90% confidence interval to estimate the proportion of employees who participate in the company's stock purchase plan.

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