True/False
SCENARIO 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 Scenario 8-6, this interval requires the assumption that the
distribution of the number of people recognizing the product has a normal distribution.
Correct Answer:

Verified
Correct Answer:
Verified
Q13: SCENARIO 8-11<br>A poll was conducted by the
Q14: SCENARIO 8-10<br>A sales and marketing management magazine
Q15: True or False: The standardized normal distribution
Q16: SCENARIO 8-9<br>A university wanted to find out
Q17: SCENARIO 8-3<br>To become an actuary, it is
Q19: In the construction of confidence intervals, if
Q20: The head librarian at the Library of
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Q22: It is desired to estimate the mean
Q93: SCENARIO 8-11<br>A poll was conducted by the