Essay
Use the following
The owner of a small pet supply store wants to open a second store in another city, but he only wants to do so if more than one-third of the city's households have pets (otherwise there won't be enough business). He selects a random sample of 150 households and finds that 64 have pets.
-Construct a 95% confidence interval for the proportion of the city's households that own pets. Round the sample proportion and margin of error to three decimal places.
Correct Answer:
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= 0.427
0.427 1...View Answer
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Correct Answer:
Verified
= 0.427 0.427
1...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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