The first usa, a major credit card company is planning a new offer to their current carholder. the offer will give double airlinem iles on purchases for the next 6 months if the car holder goes online and registers for the offer. to test the effectiveness of the campaign, first usa recenlty sent out offers to a random sample of the 50000 carholders. of those 1184 registered
a) Give 95% confidence interval for the true proportions of those carholders who will registere for the offer.
b) If the acceptance rate is oly 2% or less, the campaign wont be worth the expense. give the confidence interval you found, what would you say.