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Greensburg is a town of 65,000 families. A random sample of 5,000 families is taken to determine the approximate percentage of families who own rather than rent their homes. Of the sample 3,225 own their homes. Figure out the 99.7% confidence interval of the 65,000 families who own homes.
  • 64.5% + or - 0.68%
  • 64.5% + or - 2.04%
  • 67.5% + or - 2.04%
  • 67.5% + or - 0.68%
  • 64.5% + or - 33.94%
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    Carlos Rodriguez <carlos@math.albany.edu>
    This problem was contributed by a student in Elementary Statistics. It is offered as it is with no warranty of any kind
    Last modified: Wed May 13 12:29:11 EDT 1998