Find confidence interval for proportion of all students
In a survey of 6000 high school students, 3230 read books during the summer break. Using these sample statistics, find a 99% confidence interval for the proportion p of all high school students that read books during the summer break.
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The price of a wideget increases by 90%. What effect would we expect this to have on the equilibrium wage rate of workers who make widgets? Would this increase, decrease, or keep the wage rate th
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Using these sample statistics, find a 99% confidence interval for the proportion p of all high school students that read books during the summer break.
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