Answered: A business magazine conducted a survey…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A business magazine conducted a survey of 751 employees who had been at their current employer for 5 or more years. Of these employees, 295 responded that they were bored in their current position. Create a 99% confidence interval for the proportion of employees who have been with their current employer for 5 or more years and reported being bored in their current position. Use Excel to create the confidence interval, rounding to four decimal places.

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