5 Suppose it is known that 12 out of the 20 teams in the sam
5. Suppose it is known that 12 out of the 20 teams in the sample had a season winning percentage no better than 0.500. (a) Find a 95% confidence interval for the true proportion of all teams that had a season winning percentage no better than 0.500. (b) What is your opinion of the precision of this confidence interval? Give a reason for your answer.
| 69 |
| 90 |
| 79 |
| 80 |
| 95 |
| 71 |
| 86 |
| 63 |
| 97 |
| 74 |
| 67 |
| 91 |
| 96 |
| 81 |
| 94 |
| 89 |
| 71 |
| 79 |
| 73 |
| 56 |
Solution
