Question: The data set provided contains last month s credit card purchases

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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  • CreatedMay 14, 2015
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