SOLUTION: In a random sample of 400 clerical employees in a large multinational corporation, 284 said that they would like the company to adopt a flexible scheduling policy, which would perm

Algebra ->  Probability-and-statistics -> SOLUTION: In a random sample of 400 clerical employees in a large multinational corporation, 284 said that they would like the company to adopt a flexible scheduling policy, which would perm      Log On


   



Question 1009834: In a random sample of 400 clerical employees in a large multinational corporation, 284 said that they would like the company to adopt a flexible scheduling policy, which would permit employees to decide when and how much they should work. Find the 90% confidence limits for the corresponding true proportion for the population sampled.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
In a random sample of 400 clerical employees in a large multinational corporation, 284 said that they would like the company to adopt a flexible scheduling policy, which would permit employees to decide when and how much they should work. Find the 90% confidence limits for the corresponding true proportion for the population sampled.
-----------
p-hat = 284/400 = 0.71
---
ME = 1.645*sqrt[0.71*0.29/400] = 0.037
----
90% CI: 0.71 - 0.037 < p < 0.71 + 0.037
-------------
Cheers,
Stan H.
--------------