document.write( "Question 1196345: A supermarket wants to estimate the percentage of shoppers paying cash for their purchases. On a particular day 526 of the 950 shoppers who made purchases at the supermarket paid in cash. Calculate a 90% confidence interval for the percentage of shoppers paying cash for their purchases. \n" ); document.write( "
Algebra.Com's Answer #829141 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! 90% half-interval is z(0.95)*sqrt(p91-p)/n) \n" ); document.write( "p=526/950=0.554 \n" ); document.write( "so half-interval=1.645*sqrt(0.554*0.456)/950) \n" ); document.write( "=0.027 \n" ); document.write( "the interval is 0.554+/-0.027 or (0.527, 0.581) \n" ); document.write( " |