An insurance analyst working for a car insurance company would like to determine the proportion of accident claims covered the company.A random sample of 200 claims shows that the insurance company covered 80 accident claims while 120 claims were not covered.Construct a 90% confidence interval estimate of the true proportion of claims covered by the insurance company.

Question

Quizplus · Accepted Answer

The Answer of An insurance analyst working for a car insurance company would like to determine the proportion of accident claims covered the company.A random sample of 200 claims shows that the insurance company covered 80 accident claims while 120 claims were not covered.Construct a 90% confidence interval estimate of the true proportion of claims covered by the insurance company.

An Insurance Analyst Working for a Car Insurance Company Would