A bank report looks at what strategies and measures financial institutions are pursuing to provide mobile financial services to their customers. In a response to a survey question about barriers hindering greater consumer adoption of mobile​banking, in a survey of 126 financial​ institutions, 85 said security concerns are a​ barrier, 78 said lack of trust in the technology is a​ barrier, and 13 said difficulty of use was a barrier.   Construct a 90​% confidence interval estimate of the population proportion of financial institutions who said that security concerns are a barrier hindering greater consumer adoption of mobile banking.   _______ ≤π≤ ___________ ​(Round to three decimal places as​ needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

A bank report looks at what strategies and measures financial institutions are pursuing to provide mobile financial services to their customers. In a response to a survey question about barriers hindering greater consumer adoption of mobile​banking, in a survey of 126 financial​ institutions, 85 said security concerns are a​ barrier, 78 said lack of trust in the technology is a​ barrier, and 13 said difficulty of use was a barrier.

 

Construct a 90​% confidence interval estimate of the population proportion of financial institutions who said that security concerns are a barrier hindering greater consumer adoption of mobile banking.
 
_______ ≤π≤ ___________
​(Round to three decimal places as​ needed.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman