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Acoffee shop owner offers two brands of coffee, brand "a" and brand "b". the proportion of clients that prefer brand "a" is 60%.recently, the price of brand "a" went up. the proportion of clients that buy brand "a" among the first 15 customers that enter the shop after the change in price is an estimator of the current proportion of clients that prefer brand "a".assume that the change in price has no effect on the preference of the clients. then the mean squared error (mse) of the estimator is equal to:
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Acoffee shop owner offers two brands of coffee, brand "a" and brand "b". the proportion of clients t...
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