Proportion of washing machines leaving the factory
A manufacturer wishes to estimate the proportion of washing machines leaving the factory that is defective. How large a sample should she check in order to be 93 percent confident that the true proportion is estimated to within 0.014?
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Determine the value of Z that would be used in developing an interval estimate of a population proportion where the confidence level to be used is 84%. Use the NORSMINV function.
Calculate the margin of error for the sampling distribution of proportions if the sample size is 1,016 and the number exibiting the attribute of interest is 104. Assume a confidence level of 95% is used.
alculate the upper value (limit) of the confidence interval to estimate the population proportion if the sample size (n) was 1,953, a confidence level of 95% is desired (use z=1.96), and 125 (x) exhibited the attribute/characteristic you are inter
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