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
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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
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
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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