Estimate the proportion of households that would purchase


A telecommunications company wants to estimate the proportion of households that would purchase an additional telephone line if it were made available at a substantially reduced installation cost. Data are collected from a random sample of 500 households. The results indicate that 110 of the households would purchase the additional telephone line at a reduced installation cost ................ Construct a 95?% confidence interval estimate for the population proportion of households that would purchase the additional telephone line.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Estimate the proportion of households that would purchase
Reference No:- TGS02921030

Expected delivery within 24 Hours