Confidence interval for the portion of all customers


Discussion:

Q: Below attachment contains data for 400 customers. This company, ElecMart sells electronic appliances for mail-in orders. Consider this data as a random sample from all of ElecMart mail-in orders. Find the following two sided confidence intervals:

a. Find the 95% Confidence Interval for the portion of all customers whose order is more than $100

b. Find the 95% Confidence Interval for the portion of all customers whose order contains at least 5 items and cost at least $100

Attachment:- Data.rar

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Basic Statistics: Confidence interval for the portion of all customers
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