5. A consumer group hoping to assess customer experiences with auto dealer surveys 167 people who...

 

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5. A consumer group hoping to assess customer experiences with auto dealer surveys 167 people who recently bought new cars; 3% of them expressed dissatisfaction with the salesperson. We want to learn about the general opinion towards the salesperson. a) Please construct a 90% score confidence interval for the population proportion of dissatisfaction and interpret it. b) Please construct a 90% traditional confidence interval. c) If we increase the confidence level from 90% to 95%, will the width of CI be increased or decreased? Why? 5. A consumer group hoping to assess customer experiences with auto dealer surveys 167 people who recently bought new cars; 3% of them expressed dissatisfaction with the salesperson. We want to learn about the general opinion towards the salesperson. a) Please construct a 90% score confidence interval for the population proportion of dissatisfaction and interpret it. b) Please construct a 90% traditional confidence interval. c) If we increase the confidence level from 90% to 95%, will the width of CI be increased or decreased? Why?

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a To construct a 90 score confidence interval for the population proportion of dissatisfaction we ca... View the full answer