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A market survey was conducted to estimate the proportion of homemakers who could recognize the brand name of a cleanser based on the shape and color of the container. Of the 1,400 homemakers, 420 were able to identify the brand name. Using the 0.99 degree of confidence, the population proportion lies within what interval?
A. None of these answers
B. 0.100 and 0.400
C. 0.950 and 0.997
D. 0.268 and 0.332
E. 0.250 and 0.350
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Interval estimate can be found from p +/- z[p(1-p)/n]

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0.5. Here we have n = 1400, p = 414/1400 = 0.3 and z
= 2.58 (for 99%).
Therefore 0.3 +/- 2.58*0.01225 and we get 0.268 and 0.332.

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