You have a large bag with red and white poker chips. You take a sample of 40 chips and get 18 white chips. a) Make a 95% confidence interval to estimate the true proportion of white chips in the bag. b) Write out an interpretation of your confidence interval. c) Based on your sample and confidence interval, what is your best guess for the true proportion of white chips in the bag?

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
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Author:HOUGHTON MIFFLIN HARCOURT
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Chapter11: Data Analysis And Displays
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You have a large bag with red and white poker chips. You take a sample of 40 chips and get 18 white chips.
a) Make a 95% confidence interval to estimate the true proportion of white chips in the bag.
b) Write out an interpretation of your confidence interval.
c) Based on your sample and confidence interval, what is your best guess for the true proportion of white chips in the bag?
Transcribed Image Text:You have a large bag with red and white poker chips. You take a sample of 40 chips and get 18 white chips. a) Make a 95% confidence interval to estimate the true proportion of white chips in the bag. b) Write out an interpretation of your confidence interval. c) Based on your sample and confidence interval, what is your best guess for the true proportion of white chips in the bag?
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