To assess the proportion of the readers of a magazine being professional, a random sample of 1000 readers is selected and 660 are found to be professionals. Construct a 99% confidence interval for the population proportion of readers who are professionals. Explain clearly the

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section: Chapter Questions
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To assess the proportion of the readers of a magazine being professional, a random sample of 1000 readers is selected and 660 are found to be professionals. Construct a 99% confidence interval for the population proportion of readers who are professionals. Explain clearly the meaning of the confidence interval.

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