A new product is tested on a random sample of 90 a total of


A new product is tested on a random sample of 90. A total of 63 say they will buy the new product. A point estimate of the population proportion who will buy the product is 63/90 or .7 (70%). What is the standard error of the proportion? What are the 95% confidence limits?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: A new product is tested on a random sample of 90 a total of
Reference No:- TGS01395870

Expected delivery within 24 Hours