Q6 If 64% of a sample of 550 people leaving a shopping mall claims to have spent over $25. a) State the point estimate .b) Determine the standard error and margin of error for a 90% confidence interval .c) Estimate the 90% confidence interval for the proportion of shopping mall customers who spend over $25. Interpret.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.3: Measures Of Spread
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Q6

If 64% of a sample of 550 people leaving a shopping mall claims to have spent over $25.

a) State the point estimate

.b) Determine the standard error and margin of error for a 90% confidence interval

.c) Estimate the 90% confidence interval for the proportion of shopping mall customers who spend over $25. Interpret.

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