Georgia Preserves is test marketing a new peach-orange marmalade. The following responses were collected from 500 people who wer
e offered samples of the new product at a shopping mall. The marketing department of Georgia Preserves predicted that 300 people would probably buy the product between the present time and next year. Determine the relative error. (Hint: Find the absolute error first.) "I love it! Where can I buy it today?" = 127 responses
"I'll probably try it over the next year, sometime." = 162 responses
"I'll probably try it, but only if I have a discount coupon." = 153 responses
The right answer for the question that is being asked and shown above is that: ""I'll probably try it, but only if I have a discount coupon." = 153 responses." The relative error is <span>"I'll probably try it, but only if I have a discount coupon." = 153 responses</span>