A local company started a new recreation program for its employees in the hope that a little recreation would improve an employee’s performance at work. To determine whether the high cost of the program is justified, the president of the company wishes to estimate the proportion of the employees who participate in the recreational activities. In a random sample of 200 employees, 60 were found to regularly participate in the recreation program. Give the following information for a 95% confidence interval for the proportion that participate in the recreational activities. 1. The value for Z or t and how you found it. 2. The confidence interval equation filled in. 3. The calculation of the Standard Error 4. The calculation of the Margin of Error 5. The upper and lower limits 6. An interpretation of the confidence interval
A local company started a new recreation program for its employees in the hope that a little recreation would improve an employee’s performance at work. To determine whether the high cost of the program is justified, the president of the company wishes to estimate the proportion of the employees who participate in the recreational activities. In a random sample of 200 employees, 60 were found to regularly participate in the recreation program. Give the following information for a 95% confidence interval for the proportion that participate in the recreational activities.
1. The value for Z or t and how you found it.
2. The confidence interval equation filled in.
3. The calculation of the Standard Error
4. The calculation of the Margin of Error
5. The upper and lower limits
6. An interpretation of the confidence interval
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