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The Fox TV network is considering replacing one of its prime-time crime investigation shows with a new family-oriented comedy show. Before a final decision is made, network executives commission a sample of 400 viewers. After viewing the comedy, 250 indicated

The Fox TV network is considering replacing one of its prime-time crime investigation shows with a new family-oriented comedy show. Before a final decision is made, network executives commission a sample of 400 viewers. After viewing the comedy, 250 indicated they would watch the new show and suggested it replace the crime investigation show.
a. Estimate the value of the population proportion.
b. Develop a 99% confidence interval for the population proportion.
c. Interpret your findings.

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a 0625 found by 250400 b Between 0563 and 0687 fo…View the full answer


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Statistical Techniques in Business and Economics

Statistical Techniques in Business and Economics

ISBN: 978-0078020520

16th edition

Authors: Douglas Lind, William Marchal

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Posted Date: December 10, 2014 07:48:20
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