The Pizza Shop Wanted to Determine What Proportion of Its $0.086 < p < 0.289$

question 68

Multiple Choice

The Pizza Shop wanted to determine what proportion of its customers ordered only cheese pizza. Out of 80 customers surveyed, 15 ordered only cheese pizza. What is the
99% confidence interval of the true proportion of customers who order only cheese
Pizza?

• A) \(0.086 < p < 0.289\)
• B) \(0.115 < p < 0.260\)
• C) \(0.075 < p < 0.301\)
• D) \(0.102 < p < 0.273\)

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Definitions:

Generic Branding

Products marketed without a branded name, typically featuring basic packaging and lower prices, aiming at cost-conscious consumers.

Mixed Branding

A strategy where a company markets products under various brand names, each with a distinct image and demographic appeal.

Product Line Extensions

Introducing additional items in the same product category under the same brand name, often to target a new segment.

MultiBranding

A marketing strategy where a company markets multiple brands in the same product category or sector.