The owner of the AGT Gas Station wishes to determine the fraction of customers who pay using a credit card or debit card. A random sample of 100 customers was surveyed and finds that 80 paid using their credit card or debit card. If you are going to construct a 99% confidence interval for the fraction of customers who paid using their credit card or debit card, what will be the value of the margin of error? a. 0.0658 b. 0.103 c. 0.0784 d. 0.0299

The owner of the AGT Gas Station wishes to determine the fraction of customers who pay using a credit card or debit card. A random sample of 100 customers was surveyed and finds that 80 paid using their credit card or debit card. If you are going to construct a 99% confidence interval for the fraction of customers who paid using their credit card or debit card, what will be the value of the margin of error? a. 0.0658 b. 0.103 c. 0.0784 d. 0.0299

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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