The data set provided contains last months credit card purchases of 500 customers randomly chosen from a
Question:
The data set provided contains last month’s credit card purchases of 500 customers randomly chosen from a segment of a major credit card issuer. The marketing department is considering a special offer for customers who spend more than $1000 per month on their card. From these data construct a 95% confidence interval for the proportion of customers in this segment who will qualify.
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This was a random sample of less than 10 of all customers There were 6...View the full answer
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Related Book For 
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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