
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Transcribed Image Text:Create and interpret a 90% confidence interval for the
parameter of interest.

Transcribed Image Text:A retail store is considering adding a new product line
to its inventory. The store wants to know whether the
new product line will be popular with customers. To
determine this, they take a random sample of customers
and ask if they would be interested in buying the new
product line. Of the 125 people they asked, 70 were
interested in this new product line. The manager is
interested in creating a 90 % confidence interval regarding
the population parameter.
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