Calculate a confidence interval for mean percentage share


Suppose that a random sample of 400 U.S. advertising agencies gives an average percentage share of billing volume from network television equal to 7.46 percent, and assume that σ equals 1.42 percent. Calculate a 95 percent confidence interval for the mean percentage share of billing volume from network television for the population of all U.S. advertising agencies.

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Basic Statistics: Calculate a confidence interval for mean percentage share
Reference No:- TGS0102804

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