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A manufacturer conducted a survey among 500 randomly selected target market households in the test market for its new cleaning product. The objective of the
A manufacturer conducted a survey among 500 randomly selected target market households in the test market for its new cleaning product. The objective of the survey was to determine the market share for its new brand. If the sample point estimate for market share is 17%, develop a 90% confidence interval. That is to say, that in this survey of 500 households that 85 used this new cleaning product. What is the lower and upper confidence interval value
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