Construct a 95% confidence interval. State the confidence interval, sketch the graph, and calculate the error bound.

Question:

Construct a 95% confidence interval. State the confidence interval, sketch the graph, and calculate the error bound.

Of 1,050 randomly selected adults, 360 identified themselves as manual laborers, 280 identified themselves as non-manual wage earners, 250 identified themselves as midlevel managers, and 160 identified themselves as executives. In the survey, 82% of manual laborers preferred trucks, 62%
of non-manual wage earners preferred trucks, 54% of mid-level managers preferred trucks, and 26% of executives preferred trucks.

Step by Step Answer:

Related Book For  book-img-for-question

Introductory Business Statistics

ISBN: 202318

1st Edition

Authors: Alexander Holmes , Barbara Illowsky , Susan Dean

Question Posted: