Every spring semester, the School of Business coordinates with local business leaders a luncheon for graduating seniors, their families, and friends. Corporate sponsorship pays for the lunches of each of the seniors, but students have to purchase tickets to cover the cost of lunches served to guests they bring with them. Data on the number of guests each graduating senior invited to the luncheon from 500 graduating seniors last year were collected. Based on this information, which of the following will you construct to learn about the percentage of senior who will bring at least one guest to a luncheon?
A) confidence interval estimate for the proportion using the standard normal distribution
B) confidence interval estimate for the difference using the standard normal distribution
C) confidence interval estimate for the total using the Student's t distribution
D) confidence interval estimate for the mean using the Student's t distribution

Question

Quizplus · Accepted Answer

To estimate the percentage of seniors who will bring at least one guest to the luncheon, we need to estimate the proportion of seniors who bring at least one guest. Since we have a large enough sample size (500 seniors), we can use a confidence interval estimate for the proportion using the standard normal distribution.

Every Spring Semester, the School of Business Coordinates with Local