The County Clerk Wants to Estimate the Proportion of Voters

question 179

Short Answer

The county clerk wants to estimate the proportion of voters who will need special election facilities.Suppose a sample of 400 voters was taken.If 150 need special election facilities,calculate a 90% confidence interval for the population proportion.

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Definitions:

Economic Order Quantity

A formula used to determine the optimal order size that minimizes the sum of ordering, holding, and stockout costs.

Optimal Batch Size

The most efficient quantity of items to produce in a single batch, minimizing the total costs associated with setup, holding, and production.

Freshness

The quality of being recently made or obtained, which is especially important in the context of perishable goods.

Artisanal Bread

Bread that is crafted in small batches using traditional methods and often featuring high-quality, locally sourced ingredients.