SCENARIO 7-5 According to an Article,19% of the Entire Population in a in a Developing

question 103

Short Answer

SCENARIO 7-5
According to an article,19% of the entire population in a developing country has high-speed access to the Internet.Random samples of size 200 are selected from the country's population.
-Referring to Scenario 7-5,among all the random samples of size 200,90 % will have less than _____ % that has high-speed access to the Internet.

---

Definitions:

Co-Workers

Individuals who work together, often sharing tasks or goals within the same organization.

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, leading to decreased costs per unit.

Network Effects

The phenomenon where the value or utility of a product or service increases as more people use it, often seen in digital and social media platforms.

Consumer Surplus

The difference between the highest price a consumer is willing to pay and the actual market price they pay.