Confidence interval for the proportion of all depositors
Discussion:
Q: Of 43 bank customers depositing a check, 18 received some cash back. (a) Construct a 90% confidence interval for the proportion of all depositors who ask for cash back. (b) Check the normality assumption.
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Of 43 bank customers depositing a check, 18 received some cash back. (a) Construct a 90% confidence interval for the proportion of all depositors
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Finding appropriate z- and t-scores is important when constructing confidence intervals. Confidence intervals allow one to estimate important population
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