In 15 packages of Doggy Meat Snacks there were 48 lamb snack
Solution
a)
We use a normal distribution for this problem.
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b)
There are a total of 48 lamb snacks out of 120 snacks.
Thus,
p^ = 48/120 = 0.4 [ANSWER]
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c)
Now, for the critical z,
alpha/2 = 0.05
Thus, z(alpha/2) = 1.645 [ANSWER]
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d)
Also, we get the standard error of p, sp:
sp = sqrt[p^ (1 - p^) / n] = 0.04472136 [ANSWER]
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e)
Thus,
Margin of error = z(alpha/2)*sp = 0.073566636 [ANSWER]
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f)
lower bound = p^ - z(alpha/2) * sp = 0.326433364 [ANSWER]
upper bound = p^ + z(alpha/2) * sp = 0.473566636 [ANSWER]
