Reference no: EM131679976

Question: Salaried workers at a large corporation receive 2 weeks' paid vacation per year. Sixteen randomly selected workers from this corporation were asked whether or not they would be willing to take a 3% reduction in their annual salaries in return for 2 additional weeks of paid vacation. The following are the responses of these workers.

No      Yes       No       No        Yes       No      No       Yes

yes      No       No       No        Yes       No      No        No

Construct a 97% confidence interval for the percentage of all salaried workers at this corporation who would accept a 3% pay cut in return for 2 additional weeks of paid vacation.