Math Problem Statement
answer B
Solution
To answer part b, we need to compute the point estimate of the population proportion . This is given by the formula:
Where:
- is the number of successes (customers who used the coupon),
- is the total sample size.
From the problem, . If you have the number of successes (), please provide that information, and I will compute the value for to two decimal places.
Let me know, or clarify further if needed!
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Math Problem Analysis
Mathematical Concepts
Statistics
Hypothesis Testing
Point Estimation
Formulas
Population proportion (\( \hat{p} \)): \( \hat{p} = \frac{x}{n} \)
Theorems
Null Hypothesis Testing (H0)
Alternative Hypothesis Testing (Ha)
Suitable Grade Level
College Level (Introductory Statistics)
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