It is known that one of the very famous supermarket chains invests in residential areas if it can be proven that the population proportion of homeowners exceeds 90%. A sample of 70 families revealed...


It is known that one of the very famous supermarket chains invests in residential areas if it can be proven that the population proportion of<br>homeowners exceeds 90%. A sample of 70 families revealed that 62 families would be buying a new house from one of the newly developed parts of<br>the city over the next year. (use 3 digits after decimal point)<br>a.<br>Estimate the value of the population proportion.<br>b.<br>95% confidence interval for the population proportion is [<br>to<br>

Extracted text: It is known that one of the very famous supermarket chains invests in residential areas if it can be proven that the population proportion of homeowners exceeds 90%. A sample of 70 families revealed that 62 families would be buying a new house from one of the newly developed parts of the city over the next year. (use 3 digits after decimal point) a. Estimate the value of the population proportion. b. 95% confidence interval for the population proportion is [ to

Jun 09, 2022
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