Question: Q.4.1 Construct a 99% confidence interval for the true proportion of all employees of People Plus Pty who believe that they should be given a
Q.4.1 Construct a 99% confidence interval for the true proportion of all employees of
People Plus Pty who believe that they should be given a raise by the company,
given that 115 out of a sample of 135 employees support this suggestion.
Interpret your answer.(6)
Q.4.2 Construct a 90% confidence interval for the true average monthly salary earned
by all employees of People Plus Pty, if it was found that the average monthly
salary earned by a sample of 16 employees of the company was R17 500, with a
standard deviation of R1 650. Interpret your answer.(7)
Q.4.3 What can we do to make the confidence interval narrower in Q.4.2, without
changing the confidence level?(2)
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