In a marketing survey, a random sample of 1002 supermarket shoppers revealed that 270 always stock up on an item when they find that item at a real bargain price. (a) Let p represent the proportion of all supermarket shoppers who always stock up on an item when they find a real bargain. Find a point estimate for p. (Use 3 decimal places.)   (b) Find a 90% confidence interval for p. (Use 3 decimal places.) lower limit   upper limit   (c) What is the margin of error based on a 90% confidence interval? (Use 3 decimal places

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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In a marketing survey, a random sample of 1002 supermarket shoppers revealed that 270 always stock up on an item when they find that item at a real bargain price.

(a) Let p represent the proportion of all supermarket shoppers who always stock up on an item when they find a real bargain. Find a point estimate for p. (Use 3 decimal places.)
 

(b) Find a 90% confidence interval for p. (Use 3 decimal places.)
lower limit  
upper limit  

(c) What is the margin of error based on a 90% confidence interval? (Use 3 decimal places.)
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