Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

A marketing representative for Under Armour tracked a sample of 1,500 Under Armour website visitors to see whether they visited the webpage for a new

A marketing representative for Under Armour tracked a sample of 1,500 Under Armour website visitors to see whether they visited the webpage for a new line of shoes. Of these 1,500 visitors, 1,250 visited. The marketing representative wants to be very certain that the webpage for the new shoe line had sufficient traffic, that is at least 80% of Under Armour website visitors clicked on the link for the new shoe line. To get this the rep determined to generate a 99.9% confidence interval for the sample proportion.

  1. What is the Margin of Error for this 99.9% confidence interval?
  2. What is the confidence interval? Make sure you include both the lower and upper limits of the interval.
  3. Can the rep say that more than 80% of visitors to the Under Armour website clicked on the link for the new line of shoes? Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Management

Authors: Gareth Jones, Jennifer George

9th Edition

9780077718374

Students also viewed these Mathematics questions