Awareness survey. A telemarketer at a credit card company is instructed to ask the next 18 customers

Question:

Awareness survey. A telemarketer at a credit card company is instructed to ask the next 18 customers that call into the 800 number whether they are aware of the new Platinum card that the company is offering. Of the 18, 17 said they were aware of the program.

a) Check the assumptions and conditions for inference on proportions.

b) If conditions are met, find a 95% confidence interval for the true proportion of customers who are aware of the new card. If conditions are not met, explain why.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

Question Posted: