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Author Question: From a random sample of workers at a large corporation you find that 58% of 200 went on a vacation ... (Read 98 times)

Yolanda

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From a random sample of workers at a large corporation you find that 58% of 200 went on a vacation last year away from home for at least a week.

An approximate 95% confidence interval is (0.50, 0.66). Which of the following statements is a correct interpretation?
◦ There is a 95% chance that a random selected coworker has gone on a vacation last year away from home for at least a week.
◦ 95% of the coworkers fall in the interval (0.50, 0.66).
◦ We are 95% confident that the proportion of coworkers who went on a vacation last year away from home for at least a week is between 50% and 66%.
◦ We are 95% confident that between 50% and 66% of the samples will have a proportion near 58%.


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Marked as best answer by Yolanda on Apr 14, 2020

xMRAZ

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Yolanda

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Reply 2 on: Apr 14, 2020
Excellent


anyusername12131

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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