TABLE 7-7 Online Customer Service Is a Key Element to Successful Online

question 48

Short Answer

TABLE 7-7
Online customer service is a key element to successful online retailing. According to a marketing survey, 37.5% of online customers take advantage of the online customer service. Random samples of 200 customers are selected.
-Referring to Table 7-7, 95% of the samples proportions symmetrically around the population proportion will have between ________ % and ________ % of the customers who take advantage of online customer service.

---

Definitions:

Retirement Account

A financial account designed for saving towards retirement that often provides tax advantages, such as a 401(k) or IRA.

Future Value

The value of an investment at a specified date in the future, taking into account factors like interest rates or dividends.

Compounded Annually

The process of adding interest to the initial amount of an investment, where the interest earned each year is added to the principal.