What is p in the following statement? - ProProfs Discuss
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What is p in the following statement?

Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bought the newest generation of an MP3 player were happy with their purchase. They take a random sample of 1000 consumers who recently purchased this MP3 player and find that 400 were happy with their purchase. Find a 95% confidence interval for p.

Asked by Ddeuitch, Last updated: Sep 10, 2024

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ddeuitch

ddeuitch

ddeuitch
Ddeuitch

Answered May 08, 2019

0.4

400 out of the 1000 are happy with their purchase
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