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    Statistics
  3. Study Set
    Elementary Statistics Study Set 1
  4. Exam
    Exam 7: Confidence Intervals and Sample Size
  5. Question
    A Sample of 400 Racing Cars Showed That 80 of Them
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A Sample of 400 Racing Cars Showed That 80 of Them

Question 27

Question 27

Short Answer

A sample of 400 racing cars showed that 80 of them cost over $700,000. What is
the 99% confidence interval for the true proportion of racing cars that cost over
$700,000?

Correct Answer:

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