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question 14

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Consider the following to answer the question(s) below:
A company that sells eco-friendly cleaning products is concerned that only 19.5% of people who use such products select their brand. A marketing director suggests that the company invest in new advertising and labeling to strengthen its green image. The company decides to do so but in a test market so that the effectiveness of the marketing campaign may be evaluated.
-Based on data collected in the test market, the company constructed a 98% confidence interval for the proportion of all consumers who might buy their brand. The resulting interval is 16% to 28%. What conclusion should the company reach about the new marketing campaign?


Definitions:

Benefits of Forests

The wide array of advantages provided by forests including biodiversity conservation, carbon sequestration, and resources for livelihoods.

Land Area

A measure of the total area of land a country, region, or property covers.

Solar Energy

Describes energy harnessed from the sun's rays, utilized to produce electricity or heating through technologies like solar panels and solar thermal collectors.

Wind Energy

A form of renewable energy that converts wind power into electricity or mechanical power.

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