Problem: Netflix is considering a new romcom (romantic comedy) series. Before making a final decision, the producers design an experiment to estimate the proportion of viewers who would watch the series. A random sample of 1,160 viewers was selected and asked to watch the first two episodes. After viewing the episodes, 725 viewers indicated they would watch the new series. (Use t Distribution Table & z Distribution Table.) (Round your answers to 3 decimal places.)
Required:
a. Estimate the value of the population proportion of people who would watch the new series.