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TABLE 8-6 After an Extensive Advertising Campaign,the Manager of a Company Wants

Question 110

True/False

TABLE 8-6
After an extensive advertising campaign,the manager of a company wants to estimate the proportion of potential customers that recognize a new product.She samples 120 potential consumers and finds that 54 recognize this product.She uses this sample information to obtain a 95% confidence interval that goes from 0.36 to 0.54.
-True or False: Referring to Table 8-6,the parameter of interest is 54/120 = 0.45.

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