It is said that happy and healthy workers are efficient and productive. A company that manufactures exercising machines wanted to know the percentage of large companies that provide on-site health club facilities. A random sample of 240 such companies showed that 96 of them provide such facilities on site. a. What is the point estimate of the percentage of all such companies that provide such facilities on site?b. Construct a 97% confidence interval for the percentage of all such companies that provide such facilities on site. What is the margin of error for the estimate?
It is said that happy and healthy workers are efficient and productive. A company that manufactures exercising machines wanted to know the percentage of large companies that provide on-site health club facilities. A random sample of 240 such companies showed that 96 of them provide such facilities on site. a. What is the point estimate of the percentage of all such companies that provide such facilities on site?b. Construct a 97% confidence interval for the percentage of all such companies that provide such facilities on site. What is the margin of error for the estimate?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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It is said that happy and healthy workers are efficient and productive. A company that manufactures exercising machines wanted to know the percentage of large companies that provide on-site health club facilities. A random sample of 240 such companies showed that 96 of them provide such facilities on site.
a. What is the point estimate of the percentage of all such companies that provide such facilities on site?
b. Construct a 97% confidence interval for the percentage of all such companies that provide such facilities on site. What is the margin of error for the estimate?
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