Question: An influencer is trying to increase subscription for first-time visitors, exposing 1% of these visitors to a new homepage design. Of 752 randomly sampled visitors
An influencer is trying to increase subscription for first-time visitors, exposing 1% of these visitors to a new homepage design. Of 752 randomly sampled visitors over a month who saw the new homepage, 64 subscribed.
a) Check any conditions required for constructing a confidence interval.
b) Compute standard error.
c) Construct and interpret a 90% confidence interval for the fraction of first-time visitors of the homepage who would subscribe under the new design (assuming stable behaviors by new visitors over time).
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