SOLUTION: A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examining the records for all students, the dean rando

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Question 1183121: A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examining the records for all students, the dean randomly selected 200 students and finds that 118 of them are receiving financial aid. Use a 90% confidence interval to estimate the true proportion of students who receive financial aid
Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
The comfidence interval is




0.5325+%3C=+mu+%3C=+0.6475
The values for t%5B0.05%5D and t%5B0.95%5D with 199 degrees of freedom were obtained from https://stattrek.com/online-calculator/t-distribution.aspx.