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.
Sharp discounts wholesale club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every six minutes. The service rate at each service desk is four minutes per customer.
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Three dozen fish fry will be netted and their lengths measured. What is the probability that the sample mean length of the 36 netted trout fry will be less than 3.2 inches?
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