Intro Stats
4th Edition
ISBN: 9780321826275
Author: Richard D. De Veaux
Publisher: PEARSON
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Textbook Question
Chapter 16, Problem 26E
Junk mail Direct mail advertisers send solicitations (a.k.a. “junk mail”) to thousands of potential customers in the hope that some will buy the company’s product. The acceptance rate is usually quite low. Suppose a company wants to test the response to a new flyer, and sends it to 1000 people randomly selected from their mailing list of over 200,000 people. They get orders from 123 of the recipients.
- a) Create a 90% confidence interval for the percentage of people the company contacts who may buy something.
- b) Explain what this interval means.
- c) Explain what “90% confidence” means.
- d) The company must decide whether to now do a mass mailing. The mailing won’t be cost-effective unless it produces at least a 5% return. What does your confidence interval suggest? Explain.
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Intro Stats
Ch. 16.1 - A Pew Research study regarding cell phones asked...Ch. 16.1 - Prob. 2JCCh. 16.1 - A Pew Research study regarding cell phones asked...Ch. 16.1 - Prob. 4JCCh. 16.1 - Prob. 5JCCh. 16.2 - Prob. 6JCCh. 16.2 - Prob. 7JCCh. 16.2 - Prob. 8JCCh. 16 - Prob. 1ECh. 16 - Prob. 2E
Ch. 16 - Prob. 3ECh. 16 - Prob. 4ECh. 16 - Prob. 5ECh. 16 - 6. I asked, “How’s life?” In the Gallup poll...Ch. 16 - Prob. 7ECh. 16 - Prob. 8ECh. 16 - Margin of error A TV newscaster reports the...Ch. 16 - Another margin of error A medical researcher...Ch. 16 - Conditions For each situation described below,...Ch. 16 - More conditions Consider each situation described....Ch. 16 - Conclusions A catalog sales company promises to...Ch. 16 - More conclusions In January 2002, two students...Ch. 16 - Confidence intervals Several factors are involved...Ch. 16 - Confidence intervals, again Several factors are...Ch. 16 - Cars What fraction of cars made in Japan? The...Ch. 16 - Prob. 18ECh. 16 - Prob. 19ECh. 16 - Prob. 20ECh. 16 - Prob. 21ECh. 16 - Prob. 22ECh. 16 - 23. Contributions, please The Paralyzed Veterans...Ch. 16 - Take the offer First USA, a major credit card...Ch. 16 - Teenage drivers An insurance company checks police...Ch. 16 - Junk mail Direct mail advertisers send...Ch. 16 - Prob. 27ECh. 16 - Prob. 28ECh. 16 - Prob. 29ECh. 16 - Gambling A city ballot includes a local initiative...Ch. 16 - Rickets Vitamin D, whether ingested as a dietary...Ch. 16 - Teachers A 2011 Gallup poll found that 76% of...Ch. 16 - Prob. 33ECh. 16 - Back to campus ACT, Inc. reported that 74% of 1644...Ch. 16 - Deer ticks Wildlife biologists inspect 153 deer...Ch. 16 - Prob. 36ECh. 16 - Graduation Its believed that as many as 25% of...Ch. 16 - Hiring In preparing a report on the economy, we...Ch. 16 - Prob. 39ECh. 16 - Prob. 40ECh. 16 - Prob. 41ECh. 16 - Another pilot study During routine screening, a...Ch. 16 - Prob. 43ECh. 16 - Amendment A TV news reporter says that a proposed...
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