A Confidence Interval Was Used to Estimate the Proportion of Statistics

question 54

Multiple Choice

A confidence interval was used to estimate the proportion of statistics students who are female. A random sample of 72 statistics students generated the following 90% confidence interval: (.438, .642) . Based on the interval, is the population proportion of females equal to 59%?

• A) Maybe. 59% is a believable value of the population proportion based on the information above.
• B) No, and we are 90% sure of it.
• C) Yes, and we are 90% sure of it.
• D) No, the proportion is 54%.

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Definitions:

Supply Chain Assets

Resources and capabilities that a company manages across its supply chain, including inventory, facilities, equipment, and information systems, to support effective supply chain operations.

Bulk Sales

Transactions involving large quantities of goods, typically sold at a discount, to businesses rather than individuals.

Small Customers

Individuals or businesses that purchase goods or services in lower volumes compared to larger corporate customers.

Demand Fulfillment

Involves the process of meeting customer demand for goods and services effectively and efficiently.