Find a 95% confidence interval for the proportion of all U.S. adults with household incomes of at least $150,000 who purchased clothing, accessories, or books online in the past year. Interpret the confidence interval.
Find a 95% confidence interval for the proportion of all U.S. adults with household incomes of at least $150,000 who purchased clothing, accessories, or books online in the past year. Interpret the confidence interval.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 8SGR
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An issue of Time Style and Design reported on a poll conducted by Schulman Ronca & Bucuvalas Public Affairs about the shopping habits of wealthy Americans.
A total of 603 interviews were conducted among a national sample of adults with household incomes of at least $150,000. Of the adults interviewed, 410 said they had purchased clothing, accessories, or books online in the past year.
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Find a 95% confidence interval for the proportion of all U.S. adults with household incomes of at least $150,000 who purchased clothing, accessories, or books online in the past year.
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Interpret the confidence interval.
Provide with information syntax Microsoft Excel plus graph
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