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Mathematics, 19.12.2020 20:20 Nonniel0v3
A large home improvement store is considering expanding its selection of moving products, such as cardboard boxes and packing tape. The store constructs a 90% confidence interval to estimate the proportion of all customers who have moved houses at least once in the last five years. In the random sample of 620 customers, 201 (32.4%) replied that they had moved at least once in the last five years. The sample yielded the 90% confidence interval (0.293, 0.355) for the proportion of all customers who have moved in the past five years. What is the correct interpretation of this confidence interval?
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