Question: Part 4 the answer choices are - it would get wider, it would get narrower, it would stay the same size, no way to tell

Part 4 the answer choices are - it would get wider, it would get narrower, it would stay the same size, no way to tell with the given information

Part 4 the answer choices are - it would get wider, it

In an effort to cut costs and improve profits, many US companies have been turning to outsourcing. In fact, according to Purchasing magazine, 54% of companies of the 550 companies surveyed outsourced some part of their manufacturing process in the past two to three years. Suppose we were asked to "find the 90% confidence interval to estimate the true proportion of all US companies that have been outsourcing some part of their manufacturing process." What is would be the critical value, Z . used to construct this confidence interval. Round your answer to 3 decimal places. S / N QUESTION 16 Outsourcing Part 2: Consider the data in the above question. What would be the upper bound of the confidence interval? Round your answer to 3 decimal places. QUESTION 17 Outsourcing Part 3: Consider the data in the above question. What would be the lower bound of the confidence interval? Round your answer to 3 decimal places. QUESTION 18 Outsourcing Part 4: The interval we constructed was a 90% confidence interval. If instead of 90% confidence, I increased the confidence level to 95%, what would happen to the width of the interval? O it would get wider it would get narrower Save All Ans

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