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Carl Cornfield has been wondering whether he should plant white corn this year. He decides to sample 100 customers. 38% say they would purchase white corn. Carl wants to have a 95% confidence interval for this proportion. The confidence interval is from 33% to 43% (to the nearest percent). Truth Or False

Respuesta :

AaronWiseIsBae

The answer is false

This should be the interval:

.285 to .475

Hope this helps

-AaronWiseIsBae

Answer is false

Here sample size = 100

Sample propotion = 38%

i.e. p =0.38 and q = 1-p =0.62

p follows a normal with mean = 0.38 and std error = [tex]\sqrt{}\frac{pq}{n}  =0.0485[/tex]

For 95% z value = 1.96

Hence margin of error = 1.96 (std error) = 0.0951

Confidence interval = (0.38-0.0951, 0.38+0.0951)

=(0.2949, 0.4751)

= (29.49%, 47.51%)

Hence given confidence interval is from 33% to 43% (to the nearest percent).

False

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