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Based on the table below market research information of 2000 customers who shop at a local drug store.The store is interested in the customers buying

  1. Based on the table below market research information of 2000 customers who shop at a local drug store.The store is interested in the customers buying preferences of toothpaste. Assume that this data represents the population. (15 points)

  1. What is the population mean and standard deviation for the proportion of customers who use Crest toothpaste?
  2. Using the data, select the first 200 customers as sampling data. Of these 200 samples, compute a point estimate and standard error of the portion of customers who prefer crest toothpaste
  3. Using the sample data in part b, of these 200 samples, what is the 95% confidence intervals for this sample proportion data

Row Labels Count of Customer
Aquafresh 212
Colgate 357
Crest 579
Mentadent 229
Others 623
Grand Total 2000

Row Labels Count of Customer
Aquafresh 18
Colgate 31
Crest 60
Mentadent 27
Others 64
Grand Total 200

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