business conducts a random sample of 89 of its customers and find that 44 of them think the company should expand. Find an 80% confidence interval for the proportion of customers who think the company should expand. Use three decimals when computing the point estimate and when giving your final answer

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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A business conducts a random sample of 89 of its customers and find that 44 of them think the company should expand. Find an 80% confidence interval for the proportion of customers who think the company should expand. Use three decimals when computing the point estimate and when giving your final answer.

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