a. Construct a point estimate of the proportion of items returned for the population of sales transactions at the Houston store. (to 4 decimals) b. Construct a 99% confidence interval for the proportion of returns at the Houston store. ) (to 4 decimals) c. Is the proportion of returns at the Houston store significantly different from the returns for the nation as a whole? Provide statistical support for your answer. Since the confidence interval Select your answer 0.07, we conclude that the return rate for the Houston store Select your answer the U.S. national return rate.
a. Construct a point estimate of the proportion of items returned for the population of sales transactions at the Houston store. (to 4 decimals) b. Construct a 99% confidence interval for the proportion of returns at the Houston store. ) (to 4 decimals) c. Is the proportion of returns at the Houston store significantly different from the returns for the nation as a whole? Provide statistical support for your answer. Since the confidence interval Select your answer 0.07, we conclude that the return rate for the Houston store Select your answer the U.S. national return rate.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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