A multinational company wants to find out how society perceives it. The company sends a questionnaire to
Question:
A multinational company wants to find out how society perceives it. The company sends a questionnaire to 2,000 people and learns that 893 have favorable opinions and others either have an unfavorable opinion or no opinion.
(a) What percent of the people surveyed have favorable opinions of the company? Construct a 90 % confidence interval.
(b) What is the percentage of people who have favorable opinions of the company? Construct a 95 % confidence interval.
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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