Chapter 8 Interval Estimation - Part III(1).docx

Chapter 8 Interval Estimation - Part III(1).docx - OPRE...

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OPRE 3360 - Managerial Methods in Decision Making Under Uncertainty Chapter 8 Interval Estimation - Part III Name ___________________________________________ Net-ID__________________________ 1. A simple random sample of 400 individuals provided 100 “Yes” responses. A. What is the point estimate of the proportion of the population that would provide “Yes” responses? B. What is your estimate of the standard error of the proportion? C. Compute the 95% confidence interval for the population proportion. 1
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OPRE 3360 - Managerial Methods in Decision Making Under Uncertainty
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