PPT-HW 10

Author : tatiana-dople | Published Date : 2017-09-09

Key 1547 Direct mail advertisers send solicitation junk mail to thousands of potential customers hoping that some will buy the product The response rate is usually

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HW 10: Transcript


Key 1547 Direct mail advertisers send solicitation junk mail to thousands of potential customers hoping that some will buy the product The response rate is usually quite low Suppose a company wants to test the response to a new flyer and sends it to 1000 randomly selected people The company gets orders from 123 of the recipients and decides to do a mailing list of over 200000 Create a 95 confidence interval for the percentage of those people who will order something.

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