Question: The National Hockey League s Florida Panthers play in the BB T
The National Hockey League’s Florida Panthers play in the BB&T center. The cost of parking is $20. However, Lexus occasionally pays the cost by offering free parking to drivers of Lexus cars. A statistician wanted to estimate the cost of this program. He randomly sampled 300 cars entering the parking lot and recorded whether the car was a Lexus (2) or not (1). By counting the number of empty parking spots he discovered that there were 4850 cars parked that night. Estimate with 95% confidence the amount of money Lexus had to pay the BB&T center.
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