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A Random Sample of 160 Commercial Customers of PayMor Lumber

question 56

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A random sample of 160 commercial customers of PayMor Lumber revealed that 32 had paid their accounts within a month of billing. The 95 percent confidence interval for the true proportion of customers who pay within a month would be:


Definitions:

Sociology

The study of social life, social change, and the social causes and consequences of human behavior.

Human Behavior

The range of actions and mannerisms exhibited by individuals of the human species in response to their environment, social stimuli, or internal states.

Powerful Influences

Forces or factors that have a strong capacity to affect or shape outcomes, behaviors, or opinions in a significant manner.

Our Behavior

The collective actions or conduct of a group of individuals within a society or community.

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