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Direct mail advertisers send solicitations (junk mail) to thousands of potential customers hoping that some will buy the product. The response rate is usually quite

Direct mail advertisers send solicitations (junk mail)

to thousands of potential customers hoping that some

will buy the product. The response rate is usually quite

low. Suppose a company wants to test the response

to a new flyer and sends it to 1,000 randomly selected

people. The company gets orders from 123 of the

recipients and decides to do a mass mailing to

everyone on its mailing list of over 200,000. Create a

95% confidence interval for the percentage of those

people who will order something.

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