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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,the standard deviation of all the sample proportions of customers who will make a purchase after visiting the web site is .
Remote-Controlled Carts
Wheeled conveyances operated from a distance using electronic remote control, often utilized for carrying goods or performing specific tasks.
Offshore Assembly Plants
Factories located in another country than where the finished product is sold, used by companies to reduce production costs.
Low Wages
Earnings that are minimal in comparison to the average or median wage levels within a specific area or industry.
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