An employee survey conducted two years ago by a company found that 46% of its employees were concerned about future health care benefits. A random sample of 84 of these employees were asked if they were now concerned about future health care benefits. Assuming that there has been no change in the level of concern about health care benefits compared to the survey two years ago, what is the upper limit of the sample proportion such that only 3% of the time the sample proportion would exceed this value?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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An employee survey conducted two years ago by a company found that 46% of its employees were concerned about future health care benefits. A random sample of 84 of these employees were asked if they were now concerned about future health care benefits. Assuming that there has been no change in the level of concern about health care benefits compared to the survey two years ago, what is the upper limit of the sample proportion such that only 3% of the time the sample proportion would exceed this value? 

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