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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
- 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)
- What is the population mean and standard deviation for the proportion of customers who use Crest toothpaste?
- 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
- 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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