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Mathematics, 19.07.2021 23:10 ayowazzzgood
Many individuals over the age of 40 develop intolerance for milk and milk-based products. A dairy has developed a line of lactose-free products that are more tolerable to such individuals. To assess the potential market for these products, the dairy commissioned a market research study of individuals over 40 years old in its sales area. A random sample of 250 individuals showed that 86 of them suffer from milk intolerance. Based on the sample results, calculate a 90% confidence interval for the population proportion that suffers milk intolerance. Interpret this confidence interval. a) First, show that it is okay to use the 1-proportion z-interval. b) Calculate by hand a 90% confidence interval. c) Provide an interpretation of your confidence interval. d) If the level of confidence was 95% instead of 90%, would the resulting interval be narrower or wider
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Many individuals over the age of 40 develop intolerance for milk and milk-based products. A dairy ha...
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