Mathematics, 14.04.2020 21:00 odriskel49

According to a research center, 16% of all merchandise sold in a particular country gets returned. A department store in a certain city sampled 80 items sold in January and found that 24 of the items were returned. (a) Construct a point estimate of the proportion of items returned for the population of sales transactions at the store in the given city. (b) Construct a 95% confidence interval for the proportion of returns at the store in the given city. (Round your answers to four decimal places.) to

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According to a research center, 16% of all merchandise sold in a particular country gets returned. A...

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