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
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