QUESTION 14 If the proportion of Mastercard transactions in a sample of various credit card transactions...
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QUESTION 14 If the proportion of Mastercard transactions in a sample of various credit card transactions is equal to 0.276 and the sample size is 90, what is the margin of error for the corresponding 94% confidence interval to estimate the proportion of Mastercard transactions in the population? Assume that the conditions for the sampling distribution to be approximately normal are satisfied. Use Excel to calculate and round your answer to 4 decimals. QUESTION 14 If the proportion of Mastercard transactions in a sample of various credit card transactions is equal to 0.276 and the sample size is 90, what is the margin of error for the corresponding 94% confidence interval to estimate the proportion of Mastercard transactions in the population? Assume that the conditions for the sampling distribution to be approximately normal are satisfied. Use Excel to calculate and round your answer to 4 decimals.
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