It is said that happy and healthy workers are efficient and productive. A company that manufactures exercising machines wanted to know the percentage of large companies that provide on-site health club facilities. A sample of 240 such companies showed that 102 of them provide such facilities on site. Construct a 97% confidence interval for the percentage of all such companies that provide such facilities on site. What is the margin of error for this estimate? Round your answers to one decimal place. Confidence interval: _________% to _______________% Mrgin of error _____________%

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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It is said that happy and healthy workers are efficient and productive. A company that manufactures exercising machines wanted to know the percentage of large companies that provide on-site health club facilities. A sample of 240 such companies showed that 102 of them provide such facilities on site.

Construct a 97% confidence interval for the percentage of all such companies that provide such facilities on site. What is the margin of error for this estimate?

Round your answers to one decimal place.

Confidence interval: _________% to _______________%

Mrgin of error _____________%

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