A food distribution company has employees that order food supplies for local restaurants by predicting sales. It is important that the employees order the correct amount of food. If they order too much, the food will spoil. If they don’t order enough, the restaurant will not get the food they need. The company pulls an SRS of 500 orders and finds that 408 of the orders were correct. Calculate and interpret a 95% confidence interval for the proportion of all orders that were correct.(4-step process)
Statistics 7.3

A food distribution company has employees that order food supplies for local restaurants by predicting sales. It is important that the employees order the correct amount of food. If they order too much, the food will spoil. If they don’t order enough, the restaurant will not get the food they need. The company pulls an SRS of 500 orders and finds that 408 of the orders were correct. Calculate and interpret a 95% confidence interval for the proportion of all orders that were correct.(4-step process)

Statistics 7.3