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1. A market survey was conducted by Marketing and Business Consultancy Limited to estimate the proportion of homemakers who could recognize the brand name of
1. A market survey was conducted by Marketing and Business Consultancy Limited to estimate the proportion of homemakers who could
recognize the brand name of a cleanser based on the shape and colour of the container. In a random sample of 1400 homemakers, 420
were able to recognize the brand name.
Using the 0.98 degree of confidence, within what interval does the proportion of all homemakers who are able to recognize the brand name
lie?
2. Given the following data on advertising and sales. Find the value of the coefficient of correlation (r).
Advertising | Sales |
10 | 50 |
20 | 70 |
30 | 70 |
40 | 80 |
50 | 100 |
60 | 105 |
70 | 103 |
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