A company manufacturing CDs is working on a new technology. A random sample of 751 Internet users were asked: "As you may know, some CDs are being manufactured so that you can only make one copy of the CD after you purchase it. Would you buy a CD with this technology, or would you refuse to buy it even if it was one you would normally buy?" Of these users, 58% responded that they would buy the CD. Complete parts a and b below. a) Create a 99% confidence interval for this percentage. (Round to three decimal places as needed. Use ascending order.)

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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A company manufacturing CDs is working on a new technology. A random sample of 751 Internet users were
asked: "As you may know, some CDs are being manufactured so that you can only make one copy of the CD
after you purchase it. Would you buy a CD with this technology, or would you refuse to buy it even if it was one
you would normally buy?" Of these users, 58% responded that they would buy the CD. Complete parts a and b
below.
a) Create a 99% confidence interval for this percentage.
(Round to three decimal places as needed. Use ascending order.)
Transcribed Image Text:A company manufacturing CDs is working on a new technology. A random sample of 751 Internet users were asked: "As you may know, some CDs are being manufactured so that you can only make one copy of the CD after you purchase it. Would you buy a CD with this technology, or would you refuse to buy it even if it was one you would normally buy?" Of these users, 58% responded that they would buy the CD. Complete parts a and b below. a) Create a 99% confidence interval for this percentage. (Round to three decimal places as needed. Use ascending order.)
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