1. What is the point estimate for the proportion of people who liked the chocolate bar? 2. At 99% confidence what is the margin of error 3. Construct a99% confidence interval for the true proportion of people who likes the chocolate bar
1. What is the point estimate for the proportion of people who liked the chocolate bar? 2. At 99% confidence what is the margin of error 3. Construct a99% confidence interval for the true proportion of people who likes the chocolate bar
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
1. What is the point estimate for the proportion of people who liked the chocolate bar?
2. At 99% confidence what is the margin of error
3. Construct a99% confidence interval for the true proportion of people who likes the chocolate bar

Transcribed Image Text:Essay Question:
1. A new brand of chocolate bar is being market tested. Four hundred of the new chocolate bars
were given to consumers to try. The consumers were asked whether they liked or disliked the
chocolate bar. You are given their responses below.
Response
Liked
Disliked
Total
Frequency
360
40
400
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