SOLUTION: A market research survey in which 64 consumers were contacted states that
64 per cent of all consumers of a certain product were motivated by the
product’s advertising. Find
Algebra.Com
Question 1197817: A market research survey in which 64 consumers were contacted states that
64 per cent of all consumers of a certain product were motivated by the
product’s advertising. Find the confidence limits for the proportion of
consumers motivated by advertising in the population. Construct a confidence interval.
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
p = .64
Using a 95% confidence level: z = 1.96
n = 64
ME =
ME = = .118
CI = .6 ±.118
CI (.482, .718)
RELATED QUESTIONS
A market research survey in which 60 consumers were contacted states that 65% of all... (answered by Boreal)
In a survey of 120 consumers conducted in a shopping mall, 76 consumers indicated that... (answered by ikleyn)
Q.3 An increasing number of consumers believe they have to look out for themselves in the (answered by Boreal)
An increasing number of consumers believe they have to look out for themselves in the... (answered by ikleyn)
An increasing number of consumers believe they have to look out for themselves in the... (answered by ikleyn)
Food Safety. The article cited research by the Food Marketing Institute, which indicates... (answered by ewatrrr)
A market research consultant hired by the Pepsi-Cola Co, is interested in knowing if the... (answered by CPhill)
A market research consultant hired by the Pepsi-Cola Co, is interested in knowing if the... (answered by CPhill)
A producer of soft drinks believes that her brand has a 10% market share. Determine the... (answered by Boreal)