What is the lower bound for the 97% confidence interval for a proportion, p, of customers who order Coca Cola with their pizza if, in a sample of 512 pizza orders, 197 also include a Coca Cola order? Give your answer as a probability (0.451 rather than 45.1%) and round your answer to three decimal places.
What is the lower bound for the 97% confidence interval for a proportion, p, of customers who order Coca Cola with their pizza if, in a sample of 512 pizza orders, 197 also include a Coca Cola order? Give your answer as a probability (0.451 rather than 45.1%) and round your answer to three decimal places.
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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What is the lower bound for the 97% confidence interval for a proportion, p, of customers who order Coca Cola with their pizza if, in a sample of 512 pizza orders, 197 also include a Coca Cola order? Give your answer as a probability (0.451 rather than 45.1%) and round your answer to three decimal places.
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