Question: Pepcid – A study of 74 patients with ulcers was conducted in which they were prescribed 40 mg of Pepcid. After 8 weeks, 58 reported ulcer healing.

a. Obtain a point estimate for the proportion of patients with ulcers receiving Pepcid who will report ulcer healing.

b. Verify that the requirements for constructing a confidence interval about ^p are satisfied.

c. Construct a 99% confidence interval for the proportion of patients with ulcers receiving Pepcid who will report ulcer healing.

d. Interpret the confidence interval.