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(a) Click on "Take Sample" to see the results from the random sample. Number Proportion Take Sample Says the corporation is a great place to work 63 0.84 Does not say the corporation is a great place to work 12 0.16 Enter the values of the sample size, the point estimate of the population proportion, and the critical value you need for your 99% confidence Interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: Point estimate: 0 Critical value: Compute Standard error: Margin of error: Confidence level Critical value 99% F0.005 -2.576 99% confidence interval: 95% F0.025 -1.960 90% F0.050-1.645 (b) Based on your sample, enter the lower and upper limits to graph the 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. 0.000 0.000 99% confidence interval: 1.000 1.000

(a) Click on "Take Sample" to see the results from the random sample. Number Proportion Take Sample Says the corporation is a great place to work 63 0.84 Does not say the corporation is a great place to work 12 0.16 Enter the values of the sample size, the point estimate of the population proportion, and the critical value you need for your 99% confidence Interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: Point estimate: 0 Critical value: Compute Standard error: Margin of error: Confidence level Critical value 99% F0.005 -2.576 99% confidence interval: 95% F0.025 -1.960 90% F0.050-1.645 (b) Based on your sample, enter the lower and upper limits to graph the 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. 0.000 0.000 99% confidence interval: 1.000 1.000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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CorpPlus is a large corporation with many employees. You work for the human resources department of CorpPlus and want to estimate the population proportion of all employees who say the corporation is a great place to work. So, you will survey a random sample of 75 employees from CorpPlus and ask them whether they think the corporation is a great place to work. Follow the steps below to construct a 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results from the random sample. Number Proportion Take Sample Says the corporation is a great place to work Does not say the corporation is a great place to work 63 0.84 12 0.16 Enter the values of the sample size, the point estimate of the population proportion, and the critical value you need for your 99% confidence interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: Standard error: Point estimate: Margin of error: Critical value: Confidence level Critical value 99% F0.005 -2.576 99% confidence interval: 95% F0.025 1.960 Compute 90% F0.0501.645 (b) Based on your sample, enter the lower and upper limits to graph the 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. 0.000 0.000 99% confidence interval: 1.000 1.000
Transcribed Image Text:CorpPlus is a large corporation with many employees. You work for the human resources department of CorpPlus and want to estimate the population proportion of all employees who say the corporation is a great place to work. So, you will survey a random sample of 75 employees from CorpPlus and ask them whether they think the corporation is a great place to work. Follow the steps below to construct a 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results from the random sample. Number Proportion Take Sample Says the corporation is a great place to work Does not say the corporation is a great place to work 63 0.84 12 0.16 Enter the values of the sample size, the point estimate of the population proportion, and the critical value you need for your 99% confidence interval. (Choose the correct critical value from the table of critical values provided.) When you are done, select "Compute". Sample size: Standard error: Point estimate: Margin of error: Critical value: Confidence level Critical value 99% F0.005 -2.576 99% confidence interval: 95% F0.025 1.960 Compute 90% F0.0501.645 (b) Based on your sample, enter the lower and upper limits to graph the 99% confidence interval for the population proportion of all employees who say the corporation is a great place to work. 0.000 0.000 99% confidence interval: 1.000 1.000
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