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rop5.docx

Using the ROI data set: Excel doc-Please explain the steps

1. For each of the 2 majors consider the ‘School Type’ column.  Assuming the requirements are met, construct a 90% confidence interval for the proportion of the schools that are ‘Private’.  Be sure to interpret your results.

2. For each of the 2 majors construct a 95% confidence interval for the mean of the column ‘Annual % ROI’.  Be sure to interpret your results.