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An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars...

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Question

Basic Math

An automotive manufacturer wants to know the proportion of newcar buyers who prefer foreign cars over domestic.

Step 2 of 2:

Suppose a sample of 1453 new car buyers is drawn. Of thosesampled, 363 preferred foreign over domestic cars. Using the data,construct the 99% confidence interval for the population proportionof new car buyers who prefer foreign cars over domestic cars. Roundyour answers to three decimal places.

Lower Endpoint:

Upper Endpoint:

Answer & Explanation Solved by verified expert
4.2 Ratings (478 Votes)
Solution Given thatn 1453x 363Point estimate sample proportion x n    See Answer
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