TABLE 7-8 According to a Survey,only 15% of Customers Who Visited the Visited

question 8

Short Answer

TABLE 7-8
According to a survey,only 15% of customers who visited the website of a major retail store made a purchase.Random samples of size 50 are selected from a population of 900.Use the finite population correction factor.
-Referring to Table 7-8,the mean of all the sample proportions of 50 customers who will make a purchase after visiting the website is ________.

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Definitions:

Neural Networking

A computational approach inspired by the network of neurons in the brain, used to approximate complex functions and patterns.

Action Potentials

Rapid and temporary electrical signals in neurons that propagate along an axon to transmit information.

Pituitary Gland

A small endocrine gland located at the base of the brain that produces hormones which regulate growth, metabolism, and reproduction.

Adrenal Glands

Small glands located on top of each kidney that produce a variety of hormones including adrenaline and cortisol, involved in stress responses.