You want to estimate the proportion of your classmates who plan to spend their junior year abroad.

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You want to estimate the proportion of your classmates who plan to spend their junior year abroad. You take a simple random sample of 100 classmates from the class population. Twelve students in the sample indicate that they plan a junior year abroad.
a. Build a 95% interval estimate of the overall class proportion based on your sample findings.
b. Build a 99% interval estimate of the overall class proportion based on your sample findings.
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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