An automotive manufacturer wants to knowthe proportion of new car buyers who preferforeign cars over domestic. Step 2 of 2:Suppose a sample of 897 new car buyers isdrawn. Of those sampled, 304 preferredforeign over domestic cars. Using the data,construct the 95% confidence interval for thepopulation proportion of new car buyers whoprefer foreign cars over domestic cars.Round your answers to three decimal places.

A sample of 897 cars; n=897 304 preferred domestic cars; x=304 α=0.05

Answered: An automotive manufacturer wants to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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