Develop confidence interval for the proportion of customers


When Mr. Sleig took over as president of Century several years ago, the use of debit cards was just beginning. He would like an update of the use of these cards. Develop a 95% confidence interval for the proportion of customers using these cards. On the basis of the confidence interval, is it reasonable to conclude that more than half of the customers use a debut card? Interpret the results.

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Develop confidence interval for the proportion of customers
Reference No:- TGS0104358

Expected delivery within 24 Hours