The required expected population proportion that prefers to shop at places with loyalty cards is between 54.6% and 61.4%.
Given That,
In a survey conducted by a retail store, 58% of the sample respondents said they prefer to shop at places with loyalty cards. if the margin of error is 3.4%.
<h3>What is population proportion?</h3>
A population proportion is defined as the percentage of a population that belongs to a individual category. Certainty gaps are used to evaluate population proportions.
Here, the margin of error is 3.4%.
expected population proportion = 58% ± 3.4%
expected population proportion interval = (58% - 3.4%, 58% + 3.4%)
expected population proportion interval = (54.6%, 61.4%).
Thus, The required expected population proportion that prefers to shop at places with loyalty cards is between 54.6% and 61.4%.
Learn more about population proportion here.
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