document.write( "Question 387159: Qustion: A survey of 950 car owners found that 28% of the cars are named Lexus. Find the 99% confidence interval of the true proportion of cars named Lexus. \n" ); document.write( "
Algebra.Com's Answer #273665 by stanbon(75887)\"\" \"About 
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A survey of 950 car owners found that 28% of the cars are named Lexus. Find the 99% confidence interval of the true proportion of cars named Lexus.
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\n" ); document.write( "p-hat = 0.28
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\n" ); document.write( "ME = z*sqrt[pq/n]
\n" ); document.write( "= 2.5758*sqrt[0.28*0.72/950]
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\n" ); document.write( "= 0.0375
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\n" ); document.write( "99% CI: 0.28-0.0375 < p < 0.28+0.0375
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\n" ); document.write( "99% CI: 0.2425 < p < 0.3175
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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