TABLE 7-4 According to a Survey, Only 15% of Customers Who Visited

question 169

Short Answer

TABLE 7-4
According to a survey, only 15% of customers who visited the web site of a major retail store made a purchase. Random samples of size 50 are selected.
-Referring to Table 7-4, the average of all the sample proportions of customers who will make a purchase after visiting the web site is______ .

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Definitions:

Discussion

The action or process of talking about something, typically in order to reach a decision or to exchange ideas.

Keeping On Track

The process of staying focused on a goal or task and making consistent progress towards it.

Productive Agenda

A planned schedule or list of tasks that is designed to achieve maximum efficiency and output.

Supply Information

The act of providing data or details to someone who needs it.