Suppose that in a sample of 4625 customers at a food store, 2457 food shop more than once a week. Find a 99% confidence interval for the population proportion of customers who shop more than once a week. a) Is this a z-value or a t-value confidence interval? (Write z or t.) b) What is the z-value or t-value? c) = d) State the confidence interval. e) Interpret your result. f) A claim is made that 54% of all customers at a food store shop more than once a week. Using the results from part (d) of this problem, would this claim be valid or invalid?
Suppose that in a sample of 4625 customers at a food store, 2457 food shop more than once a week. Find a 99% confidence interval for the population proportion of customers who shop more than once a week. a) Is this a z-value or a t-value confidence interval? (Write z or t.) b) What is the z-value or t-value? c) = d) State the confidence interval. e) Interpret your result. f) A claim is made that 54% of all customers at a food store shop more than once a week. Using the results from part (d) of this problem, would this claim be valid or invalid?
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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Suppose that in a sample of 4625 customers at a food store, 2457 food shop more than once a week. Find a 99% confidence interval for the population proportion of customers who shop more than once a week.
a) Is this a z-value or a t-value confidence interval? (Write z or t.)
b) What is the z-value or t-value?
c) =
d) State the confidence interval.
e) Interpret your result.
f) A claim is made that 54% of all customers at a food store shop more than once a week.
Using the results from part (d) of this problem, would this claim be valid or invalid?
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