6. Explain what this confidence interval means to your boss, who has never taken a statistics class. Do not say "We are 95% confident that the true population proportion lies in the calculated range," as this statement would not have much meaning to a person who has not taken statistics.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 20HP
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what values you put into the calculator or Excel.
6. Explain what this confidence interval means to your boss, who has never taken a statistics class. Do
not say "We are 95% confident that the true population proportion lies in the calculated range," as this
statement would not have much meaning to a person who has not taken statistics.
Transcribed Image Text:what values you put into the calculator or Excel. 6. Explain what this confidence interval means to your boss, who has never taken a statistics class. Do not say "We are 95% confident that the true population proportion lies in the calculated range," as this statement would not have much meaning to a person who has not taken statistics.
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