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)![]() ![]() ![]() You can put this solution on YOUR website! 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( "----------- \n" ); document.write( "p-hat = 0.28 \n" ); document.write( "--- \n" ); document.write( "ME = z*sqrt[pq/n] \n" ); document.write( "= 2.5758*sqrt[0.28*0.72/950] \n" ); document.write( "--- \n" ); document.write( "= 0.0375 \n" ); document.write( "============= \n" ); document.write( "99% CI: 0.28-0.0375 < p < 0.28+0.0375 \n" ); document.write( "---- \n" ); document.write( "99% CI: 0.2425 < p < 0.3175 \n" ); document.write( "============================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |