Essay
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The faculty advisor for the finance society at a local business school is interested in determining the proportion of finance students going on a field trip.The advisor samples some students from each class and computes the sample proportion for each class.
-A simple random sample of 400 from a total 1,400 colleges in the United States contains 45 colleges that charge a technology fee in addition to the tuition fee.Find a 95% confidence interval for the proportion of all colleges charging a technology fee.
Correct Answer:
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= x / n = 45 / 400 = 0.1125
=
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Correct Answer:
Verified
= x / n = 45 / 400 = 0.1125
=
=
...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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