Compute the 95% cofidence interval for the % of the pop. that will like the cereal. Interept this cofidence interval.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 53SE: Use the following scenario for the exercises that follow: In the game of Keno, a player starts by...
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A food company is planning to market a new kind of cereal; however before, they want to find the % of people who will like it. They select a random sample of 500 people and ask them to try the cereal. Of 500, 290 people say they like it. Compute the 95% cofidence interval for the % of the pop. that will like the cereal. Interept this cofidence interval. 

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