Have you ever negotiated a pay raise? A random sample of full-time employees was selected. All of the selected employees were asked, “Have you ever negotiated a pay raise?” A 99 percent confidence interval for the proportion of employees who had negotiated a pay raise was calculated to be (0.34,0.70) . Which of the following statements is correct? Group of answer choices 34% to 70% of employees will spend 99% of their time negotiating for a raise. There is a 99% chance that the true proportion of employees who have negotiated for a raise is between 34% and 70%. The method used to construct the interval from 34% to 70%, when used repeatedly, produces intervals which include the true population proportion about 99% of the time. 99% of all employees negotiate for a raise between 34% to 70% of the time.
Have you ever negotiated a pay raise? A random sample of full-time employees was selected. All of the selected employees were asked, “Have you ever negotiated a pay raise?” A 99 percent confidence interval for the proportion of employees who had negotiated a pay raise was calculated to be (0.34,0.70) .
Which of the following statements is correct? Group of answer choices
34% to 70% of employees will spend 99% of their time negotiating for a raise.
There is a 99% chance that the true proportion of employees who have negotiated for a raise is between 34% and 70%.
The method used to construct the interval from 34% to 70%, when used repeatedly, produces intervals which include the true population proportion about 99% of the time.
99% of all employees negotiate for a raise between 34% to 70% of the time.
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