00:01
All right, so for part a, we have a p hat of 150 over 400.
00:06
So then what we're going to do is we're going to do a 90 % confidence interval.
00:13
So 150 over 400, which is 0 .375 plus or minus our critical value, 1 .645 times square root 0 .375, 1 .5 .1 minus.
00:31
0 .375 over our sample size of 400.
00:36
It's also a one prop z interval is one way to do it.
00:41
And then you basically can just type it in your calculator there.
00:45
So one prop z interval, our successes was 150 over 400 and a 90 % confidence interval.
00:54
Same formula i just typed out or wrote out below and our endpoints are 3352 and we subtract and 411.
01:02
148 when we add.
01:04
Part b, hotel manager wants to estimate the mean number of rooms rented daily.
01:12
And we have a population standard deviation, so that means we can do a z interval here as well.
01:21
We don't have to do a t interval.
01:23
So our sample mean is 370 plus or minus...