SCENARIO 7-6 Online Customer Service Is a Key Element to Successful Online

question 35

Short Answer

SCENARIO 7-6
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 Scenario 7-6,the standard error of all possible sample proportions is .

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Definitions:

Foreign Exchange Fluctuations

Variations in the value of one currency relative to another, impacting international trade and investments.

Spot Rate

The current market price for immediately exchanging one currency for another.

Forward Contract

A binding financial agreement to buy or sell an asset at a predetermined future date and price.

Journal Entries

The foundation of the double-entry bookkeeping system, journal entries record all financial transactions in a company's accounting system.