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One Survey Conducted by a Major Leasing Company Determined That α\alpha

Question 4

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One survey conducted by a major leasing company determined that the Lexus is the favorite luxury car for 25% of leases in Atlanta.Suppose a US car manufacturer conducts its own survey in an effort to determine if this figure is correct.Of the 384 leases in Atlanta surveyed,79 lease a Lexus.Calculate a confidence interval that tests the hypotheses at α\alpha = .02.


A) [.165 .246]
B) [.179 .232]
C) [.142 .269]
D) [.153 .259]
E) [.158 .254]

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