8.100 Accept a credit card? A bank wants to estimate the proportion of people who would sign...
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8.100 Accept a credit card? A bank wants to estimate the proportion of people who would sign up for a credit card if it sends a particular mailing advertising it. For a trial mailing to a random sample of 100 potential customers, 0 people accept the offer. Can the bank conclude that fewer than 10% of their population of potential customers would take the credit card? Answer by finding an appropriate 95% confidence interval.
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Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9781292164878
4th Global Edition
Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
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