A beer manufacturer, Lightdraft, Inc., wishes to estimate its proportion of the market in an urban area. A grocery chain agrees to supply the company with the proportion of six-packs of Lightdraft...



A beer manufacturer, Lightdraft, Inc., wishes to estimate its


proportion of the market in an urban area. A grocery chain


agrees to supply the company with the proportion of six-packs


of Lightdraft sold during a given week among all six-packs sold.


Of 1600 sold, 320 are Lightdraft. Find a 95 and 99% confidence


interval for the true market share.



May 26, 2022
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