A study has been performed on a client list of a local store to see if they would be interested in a new credit facility. The study has found the following: 383 out of 450 people would be interested in the credit facility.
Using this information, calculate a 99% confidence interval for the proportion of clients who will be interested in the new credit facility. Interpret your results.

Question

Unlock all answers

Related textbook solutions

Introductory Statistics

Weekly leaderboard