Provide an Appropriate Response $n$ Employees Produced the Following $90 \%$ Confidence Interval for the Proportion of Employees Who Prefer Plan

question 38

Multiple Choice

Provide an appropriate response.
-A marketing research company needs to estimate which of two medical plans its employees prefer. A random sample of $n$ employees produced the following $90 \%$ confidence interval for the proportion of employees who prefer plan A: $( 0.332,0.612 )$ . Identify the point estimate for estimating the true proportion of employees who prefer that plan.

• A) \(0.472\)
• B) \(0.14\)
• C) \(0.332\)
• D) \(0.612\)

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Definitions:

Trait Definition

The identification and analysis of specific qualities or characteristics that distinguish individuals, often used in the context of leadership traits.

Leadership Occurs

The situation or context in which an individual influences a group of individuals to achieve a common goal.

Self-Confidence

The belief in one’s abilities or competence to accomplish tasks and face challenges.

Management Function

The actions and responsibilities involved in directing and controlling an organization or one of its units, typically involving planning, organizing, leading, and controlling.