Finding confidence interval for population proportion
Of 900 consumers surveyed, 414 said they were very enthusiastic about a new home decor scheme. What is the 99% confidence interval for the population proportion?
a. 30 and 40 b.30 and 60 c.31 and 51 d.42 and 50© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/statistics/hypothesis-testing/finding-confidence-interval-for-population-proportion-7ds1
Since we are not given population parameters, we will approximate them with sample statistics.
Estimated standard error of proportion=S.E = 0.016613
Since sample size is ...