Ninety percent confidence interval for population proportion

Reference no: EM1321119

A market survey was conducted to estimate the proportion of homemakers who would recognize the brand name of a cleanser based on the shape and color of the container. Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name.

Develop a 99% confidence interval for the population proportion.

Reference no: EM1321119

Questions Cloud

Interpret the estimation of confidence interval proportion : A market survey was conducted to estimate the proportion of homemakers who would recognize the brand name of a cleanser based on the shape and color of the container. Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name.

Interest rates on promissory note : Ellen borrowed money from RBC. The promissory note she signed set out the interest rates and terms of payment. Ellen was unable to make those payments a year later and re-negotiated the terms with RBC.

Find the p value for each of the testing situations : Find the p-value for each of the following hypothesis testing situations.

Core compensation program for a us company : For a country of your choice, conduct research into the cultural characteristics that you believe should be important considerations in establishing a core compensation program for a U.S. company that plans to locate there.

Ninety percent confidence interval for population proportion : Develop a 99% confidence interval for the population proportion.

Assess the standard error of proportion : Of the 1,4000 homemakers sampled, 420 were able to identify the brand by name. Compute the standard error of the proportion.

Find the probability values on binomial distribution : Find the probability values based on binomial distribution

Anderson balloon company-case study : The Anderson Balloon Company of Detroit entered into a contract with Johnson's Novelty Shop of Des Moines to sell 1,000 balloons to Johnson's. The contract provided that the balloons were to be manufactured in accordance with Johnson's specificati..

Price and efficiency variances for taxicab drivers : How would you compute price and efficiency variances for taxicab drivers where the major variable costs are drivers' wages and automobile costs?

User Account

All Pages