Solved

A Sample Statistic and Margin of Error Are Given 90%90 \%

Question 226

Multiple Choice

A sample statistic and margin of error are given. Find the confidence interval likely to contain the population parameterof interest and answer the question.
-The CEO of a company claims that 90%90 \% of its employees have very high job satisfaction. A poll of the company's employees revealed that 87 percent had very high job satisfaction with a margin of error of 4.64.6 percentage points. Can we conclude that the CEO was lying?


A) 82.4%82.4 \% to 87%87 \% ; yes
B) 87%87 \% to 91.6%91.6 \% ; no
C) 82.4%82.4 \% to 91.6%91.6 \% ; no
D) 84.7%84.7 \% to 89.3%89.3 \% ; yes

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions