Direct mail advertisers send solicitation junk mail to


Direct mail advertisers send solicitation junk mail to thousands of potential customer hoping that some will buy the company's product. The response rate is usually quite low. Suppose a company wants to test the response to a new flyer and sends it to 1500 randomly selected people. The company gets order from 134 of the recipients and decidess to so a mass mailing list to everyone on its mailing list over 20,000. Create a 95% confidence interval for the percentage of people who will order somethings.

The company is 95% confident that the propotion of people who may buy something  is between _____­­­____________ and ___________________________________

 

 

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Applied Statistics: Direct mail advertisers send solicitation junk mail to
Reference No:- TGS01003774

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