Math Problem Statement

Suppose that 283 out of a random sample of 350 letters mailed in the United States were delivered the day after they were mailed. Based on this, compute a 90% confidence interval for the proportion of all letters mailed in the United States that were delivered the day after they were mailed. Then find the lower limit and upper limit of the 90% confidence interval

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Confidence Interval
Proportion Estimation

Formulas

Sample Proportion: p̂ = x / n
Standard Error: SE = sqrt(p̂(1 - p̂) / n)
Margin of Error: ME = z * SE
Confidence Interval: p̂ ± ME

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 11-12