Multiple Choice
A sample of 1,400 American households was asked if they planned to buy a new car next year. Of the respondents, 34% indicated they planned to buy a new car next year. Construct a 98% confidence interval of the proportion of American households who expect to buy a new car next year.
A) [0.3074, 0.3726]
B) [0.3105, 0.3695]
C) [0.3140, 0.3660]
D) [0.3392, 0.3408]
Correct Answer:
Verified
Correct Answer:
Verified
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