Help

2.A wholesaler is developing a new online ordering system and conducts a market research study to determine the critical reception of the new system amongst retail managers. A total of 520 retail managers were surveyed and 481 responded favourably to the new online ordering system. (6 marks) a) Based on the results of this survey, construct a 99% confidence interval for the true proportion of retail managers who will respond favourably to the new online ordering system. b) Would it be reasonable to conclude that 95% of retail managers will respond favourably to the new system? Briefly explain