Question

Raquel Haynes Business Statistics II Patricia Freeman January 31, 2019 Case 1: Out of the 60 customers on the sample, 26 have the debit card. Sample Pattern: 26/60 95% Confidence Interval 2-1.96 It's reasonable to conclude that more than half of the customers use debit cards because the interval includes 0.5. Brief Interpretation: whenever a sample is taken to calculate the proportion of debit card users, 95% of the times we will find the proportion to be in the range of (03079-05587). Thus, 95% of the times the true proportion of the population can be found in the given confidence interval.

Answer 1