A marketing survey involves product recognition in Ontario and British Columbia.Suppose the proportion of Ontario residents who recognized a product is
And the proportion of British Columbia residents who recognized the product is
.The survey found a 98% confidence interval for
-
Is (-0.023,-0.019) .Give an interpretation of this confidence interval.
A) We know that 98% of British Columbia residents recognized the product between 1.9% and 2.3% more often than Ontario residents.
B) We know that 98% of Ontario residents recognized the product between 1.9% and 2.3% more often than British Columbia residents.
C) We are 98% confident that the proportion of British Columbia residents who recognized the product is between 1.9% and 2.3% higher than the proportion of Ontario residents who recognized the product.
D) We know that 98% of all random samples done on the population will show that the proportion of British Columbia residents who knew the product is between 1.9% and 2.3% higher than the proportion of Ontario residents who knew the product.
E) We are 98% confident that the proportion of Ontario residents who recognized the product is between 1.9% and 2.3% higher than the proportion of British Columbia residents who recognized the product.
Correct Answer:
Verified
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