The data below includes data from 40 candies, and 5 of them are red. The company that makes the candy claims that 34% of its candies are red. Use the sample data to construct a 90% confidence interval estimate of the percentage of red candies. What do you conclude about the claim of 34%?  Construct a 90% confidence interval estimate of the population percentage of candies that are red ___% < p < __% (An integer or round to 1 decimal place as needed) Is the result consistent with the 34% rate that is reported by the candy maker? a) Yes, because the confidence interval includes 34% b) No, because the confidence interval doesn't include 34%

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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The data below includes data from 40 candies, and 5 of them are red. The company that makes the candy claims that 34% of its candies are red. Use the sample data to construct a 90% confidence interval estimate of the percentage of red candies. What do you conclude about the claim of 34%? 

Construct a 90% confidence interval estimate of the population percentage of candies that are red

___% < p < __%

(An integer or round to 1 decimal place as needed)

Is the result consistent with the 34% rate that is reported by the candy maker?

a) Yes, because the confidence interval includes 34%
b) No, because the confidence interval doesn't include 34%

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