A marketing firm is interested in studying what types of links are most profitable on their website. They examine a sample of 50 visitors to their website and find that of those visitors 35 clicked on a particular link. a- Construct a 98% confidence interval for the proportion of visitors that click on the link. Interpret. b- The marketing firm wants to estimate the proportion of visitors that click on the site within 2%. If they are to use a 98% level of confidence, how many visitors should be surveyed?
A marketing firm is interested in studying what types of links are most profitable on their website. They examine a sample of 50 visitors to their website and find that of those visitors 35 clicked on a particular link. a- Construct a 98% confidence interval for the proportion of visitors that click on the link. Interpret. b- The marketing firm wants to estimate the proportion of visitors that click on the site within 2%. If they are to use a 98% level of confidence, how many visitors should be surveyed?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 9SGR
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A marketing firm is interested in studying what types of links are most profitable on their website. They examine a sample of 50 visitors to their website and find that of those visitors 35 clicked on a particular link.
a- Construct a 98% confidence interval for the proportion of visitors that click on the link. Interpret.
b- The marketing firm wants to estimate the proportion of visitors that click on the site within 2%. If they are to use a 98% level of confidence, how many visitors should be surveyed?
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