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Michael gordon a professional basketball player threw 200

Michael Gordon, a professional basketball player, threw 200 penalty shots and scored 174 of them.

a) Estimate the standard error of the ratio of all the shots that Michael fails.

b) Build a confidence interval of 98% for the proportion of all penalty shots that Michael fails.

SnackMore recently surveyed 95 consumers and found that 80% purchased SnackMore fat-free cookies each month.

a) Estimate the standard error of the ratio.

b) Construct a 95% confidence interval for the true proportion of people who buy cookies each month.

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Microeconomics: Michael gordon a professional basketball player threw 200

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