Question: Netflix is considering a new romcom (romantic comedy) series. Before making a final decision, the producers design an experiment to estimate the proportion of viewers

Netflix is considering a new romcom (romantic comedy) series. Before making a final decision, the producers design an experiment to estimate the proportion of viewers who would watch the series. A random sample of 800 viewers was selected and asked to watch the first two episodes. After viewing the episodes, 500 viewers indicated they would watch the new series. (Use z Distribution Table) Note: Round your answers to 3 decimal places. Required: a. Estimate the proportion of people in the population who would watch the new series. Population proportion b. Develop a 99% confidence interval for the proportion of people in the population who would watch the new series. Confidence interval and
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
