d) Write a statement that interprets the confidence interval. e) Does your sample support Mars' claim that 20% of each bag contains orange M&Ms? Explain your answer. f) Mars wants to ensure that each bag of M&Ms has a fair number of orange M&Ms. To do this, they want to be 99% confident that the sample percentage is within two percentage points of the true population percentage for all orange M&Ms. What size sample is required in order to obtain this degree of confidence?
d) Write a statement that interprets the confidence interval. e) Does your sample support Mars' claim that 20% of each bag contains orange M&Ms? Explain your answer. f) Mars wants to ensure that each bag of M&Ms has a fair number of orange M&Ms. To do this, they want to be 99% confident that the sample percentage is within two percentage points of the true population percentage for all orange M&Ms. What size sample is required in order to obtain this degree of confidence?
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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Transcribed Image Text:d) Write a statement that interprets the confidence interval.
e) Does your sample support Mars' claim that 20% of each bag contains orange M&Ms? Explain your
answer.
f) Mars wants to ensure that each bag of M&Ms has a fair number of orange M&Ms. To do this, they
want to be 99% confident that the sample percentage is within two percentage points of the true
population percentage for all orange M&Ms. What size sample is required in order to obtain this
degree of confidence?

Transcribed Image Text:3.
From a single bag of M&Ms we have the following distribution of colors:
Color
Orange
All Other Colors
Total number
24
62
If we let p be the proportion of orange M&Ms in your sample, use this to answer the following questions.
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