The data given to the right includes from 43 candies, and 8 of them are red. The company that makes the candy claims that 32% 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 32%? 1.) Construct a 90% confidence interval estimate of the population percentage of candies that are red.   2. Is the result consistent with the 32% rate that is reported by the candy maker? a. Yes,because the confidence interval includes 32% b. No,because the confidence interval does not include 32%

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
icon
Concept explainers
Topic Video
Question
100%

The data given to the right includes from 43 candies, and 8 of them are red. The company that makes the candy claims that 32% 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 32%?

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

 

2. Is the result consistent with the 32% rate that is reported by the candy maker?
a. Yes,because the confidence interval includes 32%
b. No,because the confidence interval does not include 32%

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Centre, Spread, and Shape of a Distribution
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
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