Q17Comprehension2 Marks24 Dec 2023
Passage
Let be the proportion of customers who favor a newly introduced feature in our mobile app. The product team randomly selected 50 customers and asked them if they appreciate the new feature. From the survey, 20 out of 50 customers responded with a 'yes'. Based on the above data, answer the given subquestions.
Find the posterior mean. Enter the answer correct to two decimal places.
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