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written on paper would be best

Question 3 (Essay Worth 10 points) (05.04 MC) Two opposing opinions were shown to a random sample of 1,744 US buyers of a par
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Answer #1

(a) p = 0.30

n = 1744

z = 1.96

The 95% confidence interval will be:

= p ± z*(√p(1-p)/n)

= 0.30 ± 1.96*(√0.30(1-0.30)/1744)

= (0.2785, 0.3215)

We are 95% confident that the true proportion of all US buyers who would have chosen Opinion A is between 0.2785 and 0.3215.

(b) This is because we assume the number of failures and successes for a sample should be greater than 10 in order to meet the normal approximation condition.

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