The Nile Superstore is conducting a survey of consumer preferences for a new wireless e-book reader. A sample of 150 people reveals that 122 would buy the new reader.  What is the 87% confidence interval for the population proportion of

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The Nile Superstore is conducting a survey of consumer preferences for a new wireless e-book reader.

A sample of 150 people reveals that 122 would buy the new reader. 

  1. What is the 87% confidence interval for the population proportion of people that would buy the new e-book reader?
  2. The Nile Superstore wants to test the claim less than 82% of their customers would buy the new e-reader. Conduct a hypothesis test to see if you can prove that less than 82% of their customers would make this purchase (use alpha=0.04)

Do NOT use Excel

 

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question #2 was not answered I should not loose another question for having to reask this which was in the original question

  1. The Nile Superstore wants to test the claim less than 82% of their customers would buy the new e-reader. Conduct a hypothesis test to see if you can prove that less than 82% of their customers would make this purchase (use alpha=0.04). 

 

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