Find the 99 percent confidence interval for p when ![Find the 99 percent confidence interval for p when = .2,and n = 100. A) [.068 .332] B) [.097 .303] C) [.159 .241] D) [.147 .253]](https://d2lvgg3v3hfg70.cloudfront.net/TB1737/11eaa0cf_06e5_337c_9cb2_437f3553de6e_TB1737_11.jpg)
= .2,and n = 100.
Definitions:
Consumer
A person or collective who buys products or services for their own consumption.
Diminishing Marginal Utility
The principle that as a person consumes more of a product, there is a decline in the additional satisfaction or utility that person derives from consuming one more unit of the product.
Total Utility
The total satisfaction received by a consumer from consuming a particular quantity of goods or services.
Nth Unit
A term referring to the last or latest unit produced or consumed, often used in economics to analyze marginal costs or benefits.
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