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HighTech Inc. randomly tests its employees about company policies. Last year in the 400 random tests conducted, 14 employees

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Answer #1

a)

Standard error of the mean = SEM = √x(N-x)/N3 = 0.009

α = (1-CL)/2 = 0.010

Standard normal deviate for α = Zα = 2.326

Proportion of positive results = P = x/N = 0.035

Lower bound = P - (Zα*SEM) = 0.014

Upper bound = P + (Zα*SEM) = 0.056

b) No

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