TABLE 7-2 According to a Survey, Only 15% of Customers Who Visited

question 226

Short Answer

TABLE 7-2
According to a survey, only 15% of customers who visited the website of a major retail store made a purchase. Random samples of size 50 are selected from a population of 900. Use the finite population correction factor.
-Referring to Table 7-2, the standard error of all the sample proportions of customers who will make a purchase after visiting the website is ________.

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Definitions:

Habitual Behaviors

Actions or practices that are performed regularly, often unconsciously, as part of an individual's routine.

Enduring Traits

Persistent characteristics or qualities of an individual's personality that are stable over time and across situations.

Social Leadership

The ability to guide, influence, or direct a group towards achieving shared goals.

Structured Interviews

A systematic method of interviewing where each respondent is asked a set of predetermined questions in a specific order.