SCENARIO 7-8 A Consulting Firm That Surveyed Consumers' Holiday Shopping Behavior Found

question 53

True/False

SCENARIO 7-8
A consulting firm that surveyed consumers' holiday shopping behavior found that the percentage of
consumers from the U.S., Canada, and China who said that they planned to spend more on holiday
shopping were 40%, 34% and 73%, respectively. Treat these results as representations of the
populations. Random samples of size 150 are selected from each of the three countries.
-Referring to Scenario 7-8, the requirements for using a normal distribution to
approximate a binomial distribution is fulfilled for the random samples of Canadian consumers.

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Definitions:

Obsessive-Compulsive Disorders

A mental health condition characterized by unwanted, recurring thoughts (obsessions) and repetitive behaviors (compulsions) that an individual feels compelled to perform.

Intrusive Thoughts

Unwelcome, often distressing, thoughts or images that suddenly appear in a person's mind without the intention to think them.

Repetitive Behaviors

Actions performed repeatedly in a similar manner, often observed in various psychological disorders but also in everyday activities and rituals.

Anxiety Disorders

A category of mental health disorders characterized by significant fear or anxiety that impacts a person's daily functioning.