An automotive manufacturer wants to know the proportion of new car buyers who pref foreign cars over domestic. Step 2 of 2: Suppose a sample of 897 new car buyers drawn. Of those sampled, 304 preferred

MATLAB: An Introduction with Applications
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An automotive manufacturer wants to know
the proportion of new car buyers who prefer
foreign cars over domestic. Step 2 of 2:
Suppose a sample of 897 new car buyers is
drawn. Of those sampled, 304 preferred
foreign over domestic cars. Using the data,
construct the 95% confidence interval for the
population proportion of new car buyers who
prefer foreign cars over domestic cars.
Round your answers to three decimal places.
Transcribed Image Text:An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars over domestic. Step 2 of 2: Suppose a sample of 897 new car buyers is drawn. Of those sampled, 304 preferred foreign over domestic cars. Using the data, construct the 95% confidence interval for the population proportion of new car buyers who prefer foreign cars over domestic cars. Round your answers to three decimal places.
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