John Charleston owns a heating oil delivery company that services 1,540 residences. John would like to estimate the number of customers that have oil storage tanks that are less than 100 gallons in capacity. A random sample of 200 customers found that 48 had an oil tank that was less than 100 gallons. The 99% confidence interval to estimate the proportion of customers with oil tanks less than 100 gallons is ________. A) (0.212, 0.268) B) (0.225, 0.255) C) (0.167, 0.313) D) (0.184, 0.296)

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?
icon
Related questions
Question

John Charleston owns a heating oil delivery company that services 1,540 residences. John would like to estimate the number of customers that have oil storage tanks that are less than 100 gallons in capacity. A random sample of 200 customers found that 48 had an oil tank that was less than 100 gallons. The 99% confidence interval to estimate the proportion of customers with oil tanks less than 100 gallons is ________.

A) 

(0.212, 0.268)

B) 

(0.225, 0.255)

C) 

(0.167, 0.313)

D) 

(0.184, 0.296)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning