To devise effective marketing strategies it is helpful to know the characteristics of your customers. A study compared the demographic characteristics of people who use the Internet for travel arrangements. Of 932 Internet users, 543 had completed college. (a) Find a 95% confidence interval for the proportion of people who use the Internet for travel arrangements, and have a college degree. (b) Can you conclude from this study that the majority of people who use the Internet for travel arrangements own a college degree? Justify your answer using the confidence interval computed in (a).

To devise effective marketing strategies it is helpful to know the characteristics of your customers. A study compared the demographic characteristics of people who use the Internet for travel arrangements. Of 932 Internet users, 543 had completed college. (a) Find a 95% confidence interval for the proportion of people who use the Internet for travel arrangements, and have a college degree. (b) Can you conclude from this study that the majority of people who use the Internet for travel arrangements own a college degree? Justify your answer using the confidence interval computed in (a).

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Description: To devise effective marketing strategies it is helpful to know the characteristics of yourcustomers. A study compared the demographic characteristics of people who use theInternet for travel arrangements. Of 932 Internet users, 543 had completed col

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 30PPS

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