Pregunta
Direct mail advertisers send solicitations (“junk mail”) to thousands of potential customers in the hope that some will buy the company’s product. The
response rate is usually quite low. Suppose a company wants to test the response to a new flyer and sends it to 1080 people randomly selected from
their mailing list of over 200,000 people. They get orders from 137 of the recipients. Use this information to complete parts a through d.
a) Create a
confidence interval for the percentage of people the company contacts who may buy something.
(Round to one decimal place as needed.)
response rate is usually quite low. Suppose a company wants to test the response to a new flyer and sends it to 1080 people randomly selected from
their mailing list of over 200,000 people. They get orders from 137 of the recipients. Use this information to complete parts a through d.
a) Create a
Ask by Best Huff. in the United States
Mar 28,2025
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The
confidence interval for the percentage of people who may buy something is
.
Solución

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Como
The Deep Dive
To create a
confidence interval for the percentage of people who may buy something based on the given data, we can use the formula for the confidence interval for a proportion.
-
First, calculate the sample proportion (
): -
Next, calculate the standard error (SE) for the proportion:
-
Now, find the z-score for a
confidence level, which is . -
Calculate the margin of error (ME):
-
Finally, construct the confidence interval:
Thus, the
confidence interval for the percentage of people the company contacts who may buy something is:

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