A marketing researcher wants to find the proportion of consumers who are willing to buy a product at a price point of $100. Õut of 500 sampled consumers, 120 indicated that they are willing to buy the...

A marketing researcher wants to find the<br>proportion of consumers who are willing to<br>buy a product at a price point of $100. Õut of<br>500 sampled consumers, 120 indicated that<br>they are willing to buy the product for $100. A<br>95% confidence interval for this true<br>proportion is computed as [a,b].<br>Compute b<br>

Extracted text: A marketing researcher wants to find the proportion of consumers who are willing to buy a product at a price point of $100. Õut of 500 sampled consumers, 120 indicated that they are willing to buy the product for $100. A 95% confidence interval for this true proportion is computed as [a,b]. Compute b

Jun 02, 2022

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A marketing researcher wants to find the proportion of consumers who are willing to buy a product at a price point of $100. Õut of 500 sampled consumers, 120 indicated that they are willing to buy the...

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