SCENARIO 7-4 According to a Survey,only 15% of Customers Who Visited the Visited

question 113

Short Answer

SCENARIO 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 Scenario 7-4,90% of the samples will have less than what percentage of customers who will make a purchase after visiting the web site?

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Definitions:

Views

Opinions or beliefs held about something, shaped by individual experiences, knowledge, and perception.

Likely To Change

A condition or situation that has a high probability of undergoing alteration or modification in the near future.

Erik Erikson

A developmental psychologist and psychoanalyst known for his theory on the psychological development of human beings, notably the eight stages of human development.

Basic Trust

A sense of confidence and security in the world, typically developed in infancy, that the environment is predictable and reliable.