The Royal Haciendas Resort in Playa del Carmen, Mexico, is thinking of starting a new promotion. When a customer checks out of the resort after spending 5 or more days, the customer would be given a voucher that is good for 2 free nights on the next stay of 5 or more nights at the resort. The marketing manager is interested in estimating the proportion of customers who return after getting a voucher. From a simple random sample of 100 customers, 62 returned within 1 year after receiving the voucher. Please determine the 95% confidence interval estimate of the true population proportion.

The 95% confidence interval estimate of the true population proportion is (0.5249, 0.7151).

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of , we have the following confidence interval of proportions.

In which

z is the zscore that has a pvalue of .

From a simple random sample of 100 customers, 62 returned within 1 year after receiving the voucher.

This means that

95% confidence level

So , z is the value of Z that has a pvalue of , so .

The lower limit of this interval is:

The upper limit of this interval is:

The 95% confidence interval estimate of the true population proportion is (0.5249, 0.7151).

plants store their excess carbohydrate in the form of starch so that it could be used as energy source later on. the excess carbohydrate is converted into starch in the plastid i.e. chloroplast & this process occurs in the presence of sunlight. it is an insoluble polymer of glucose which gets stored in cell organelles named as amyloplasts. in some plants, starch is also stored in roots and embryos.