Mathematics, 22.04.2021 16:50 mahmudabiazp3ekot

A large home improvement store wants to decide if it should expand the selection of moving products like cardboard boxes and packing tape. The store wanted to construct a 95% confidence interval to estimate the proportion of people who have moved houses at least once in the last 5 years. In its sample of 620 customers, 201 replied that they had moved at least once in the last 5 years. Which of the following is a true statement regarding the value of the point estimate and standard error of the percentage of customers who have moved in the last 5 years?

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A large home improvement store wants to decide if it should expand the selection of moving products...