A streaming service is considering acquiring the rights for a new show for their service. They are interested in the population proportion of their customers who are fans of the show. In survey of 340 randomly selected customers, 75 said that they are fans of the show. Assume the binomial criteria. Please round answers to four decimal places. a) Name the distribution used to construct Cls. O a. Z-distribution b. Binomial distribution O c. Uniform distribution o d. t-distribution b) Calculate p. Answer: Find the 98% confidence interval for the population proportion of their customers who are fans of the show in parts c) - e). c) What is the margin of error for this 98% confidence interval?
A streaming service is considering acquiring the rights for a new show for their service. They are interested in the population proportion of their customers who are fans of the show. In survey of 340 randomly selected customers, 75 said that they are fans of the show. Assume the binomial criteria. Please round answers to four decimal places. a) Name the distribution used to construct Cls. O a. Z-distribution b. Binomial distribution O c. Uniform distribution o d. t-distribution b) Calculate p. Answer: Find the 98% confidence interval for the population proportion of their customers who are fans of the show in parts c) - e). c) What is the margin of error for this 98% confidence interval?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Transcribed Image Text:A streaming service is considering acquiring the rights for a new show for their service. They are interested in the population proportion of their customers who are fans of the
show. In survey of 340 randomly selected customers, 75 said that they are fans of the show. Assume the binomial criteria.
Please round answers to four decimal places.
a) Name the distribution used to construct Cls.
o a. Z-distribution
b. Binomial distribution
O c. Uniform distribution
d. t-distribution
b) Calculate p .
Answer:
Find the 98% confidence interval for the population proportion of their customers who are fans of the show in parts c) - e).
c) What is the margin of error for this 98% confidence interval?
Answer:
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