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when 294 college students are randomly selected and surveyed, it is found that 130 own a...

when 294 college students are randomly selected and surveyed, it is found that 130 own a car. Find a 90% confidence interval for the proportion of all college students who own a car. Show all work!!

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Answer #1

Given n=294, p = 130/294 = 0.44 and q = 1-p = 0.56

So, mean = np = 130 and standard deviation = sqrt(npq) = sqrt(294*0.44*0.56) = 8.53

Critical value for 90% confidence interval is 1.64

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