THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The faculty advisor for the finance society at a local business school is interested in determining the proportion of finance students going on a field trip.The advisor samples some students from each class and computes the sample proportion for each class.

-A simple random sample of 400 from a total 1,400 colleges in the United States contains 45 colleges that charge a technology fee in addition to the tuition fee.Find a 95% confidence interval for the proportion of all colleges charging a technology fee.

Question

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The faculty advisor for the finance society at a local business school is interested in determining the proportion of finance students going on a field trip.The advisor samples some students from each class and computes the sample proportion for each class.
 
-A simple random sample of 400 from a total 1,400 colleges in the United States contains 45 colleges that charge a technology fee in addition to the tuition fee.Find a 95% confidence interval for the proportion of all colleges charging a technology fee.

Quizplus · Accepted Answer

The Answer of THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The faculty advisor for the finance society at a local business school is interested in determining the proportion of finance students going on a field trip.The advisor samples some students from each class and computes the sample proportion for each class.
 
-A simple random sample of 400 from a total 1,400 colleges in the United States contains 45 colleges that charge a technology fee in addition to the tuition fee.Find a 95% confidence interval for the proportion of all colleges charging a technology fee.