Direct mail advertisers send solicitation junk mail

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Direct mail advertisers send solicitation junk mail to thousands of potential customer hoping that some will buy the company's product. The response rate is usually quite low. Suppose a company wants to test the response to a new flyer and sends it to 1500 randomly selected people. The company gets order from 134 of the recipients and decidess to so a mass mailing list to everyone on its mailing list over 20,000. Create a 95% confidence interval for the percentage of people who will order somethings.

The company is 95% confident that the propotion of people who may buy something  is between _____­­­____________ and ___________________________________

 

 

Reference no: EM13750602

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