Question:

In a marketing survey a random sample of 724 shoppers

Last updated: 2/8/2024

In a marketing survey a random sample of 724 shoppers

In a marketing survey a random sample of 724 shoppers revealed that 624 remained loyal to their favorite supermarket during the past year i e did not switch stores LAUSE SALT a Let p represent the proportion of all shoppers who remain loyal to their favorite supermarket Find a point estimate for p Round your answer to four decimal places b Find a 95 confidence interval for p Enter your answer in the form lower limit to upper limit Include the word to Round your numerical values to three decimal places The interval should have only two values Keport p along with the margin or error What is the margin of error based on a 95 confidence interval Round your answer to three decimal places