From a large number of actuarial exam scores, a random sample of 375 scores is selected, and it is found that 266 of these 375 are passing scores. Based on this sample, find a 95% confidence interval for the proportion of all scores that are passing. Then find the lower limit and upper limit of the 95% confidence interval. Carry your intermediate computations to at least three decimal places. Round your answers to two decimal places. (If necessary, consult a list of formulas.) Lower limit: Upper limit:

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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From a large number of actuarial exam scores, a random sample of 375 scores is selected, and it is found that 266 of these 375 are
passing scores. Based on this sample, find a 95% confidence interval for the proportion of all scores that are passing. Then find the lower
limit and upper limit of the 95% confidence interval.
Carry your intermediate computations to at least three decimal places. Round your answers to two decimal places. (If necessary, consult a
list of formulas.)
Lower
limit:
Upper
limit:
O D
Transcribed Image Text:From a large number of actuarial exam scores, a random sample of 375 scores is selected, and it is found that 266 of these 375 are passing scores. Based on this sample, find a 95% confidence interval for the proportion of all scores that are passing. Then find the lower limit and upper limit of the 95% confidence interval. Carry your intermediate computations to at least three decimal places. Round your answers to two decimal places. (If necessary, consult a list of formulas.) Lower limit: Upper limit: O D
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