For each of the confidence intervals in the previous exercise, calculate and interpret the margin of error.
Question:
For each of the confidence intervals in the previous exercise, calculate and interpret the margin of error.
Data from previous Exercise
Of 1000 customers who received promotional materials for a marketing campaign, 100 responded to the promotion. For the following confidence levels, construct a confidence interval for the population proportion who would respond to the promotion.
a. 90%
b. 95%
c. 99%
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For each of the confidence intervals the margin of error is calculated as the product of the standar...View the full answer
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Related Book For 
Discovering Knowledge In Data An Introduction To Data Mining
ISBN: 9780470908747
2nd Edition
Authors: Daniel T. Larose, Chantal D. Larose
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