In order to estimate the proportion of individuals who read at least one book per month, a random sample of individuals at a book fair was selected and they were asked whether or not they read at least one book per month. Their responses are shown below.
ResponsesFrequency
Yes, I read at least one book per month640
No, I do not read at least one book per month160
?
Develop a 95% confidence interval for the proportion of individuals in the population who read at least one book per month.
What will be an ideal response?
.772 to .828 (rounded)
You might also like to view...
The multiattribute model of purchase evaluation is best suited to low involvement purchase decisions
Indicate whether the statement is true or false
Which of the following is true of businesses with negative customer value?
A) They produce higher levels of pre-tax return on investment. B) They tend to gain market share. C) Their performance benefits exceed the cost of purchase. D) Their value propositions are average. E) They have great difficulty in retaining customers.
Which of the following is the best description of an association?
A. The number of times one class is related to another. B. The lines in a UML Class diagram. C. A group of classes. D. The relationship between two classes.
The ______ is usually the most heavily weighted and one of the last steps in the selection process, even though it has low predictive validity.
A. honesty test B. drug test C. interview D. work sample