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

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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, 90% of the samples from China will have more than what percentage
of consumers who will spend more on holiday shopping?


Definitions:

Mesmer

Refers to Franz Mesmer, an 18th-century German doctor who theorized about animal magnetism and is considered a precursor to modern hypnosis.

Hypnosis

An altered state characterized by focused attention and heightened suggestibility, commonly used in therapy.

Psychologist

A professional who studies mental processes and behavior in humans and animals, often practicing in counseling, clinical, or research settings.

Restorative Sleep

a phase of sleep that is particularly rejuvenating, characterized by deep sleep stages that help in physical and mental recovery.

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