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

question 53

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, 90% of the samples will have less than what percentage of customers who will make a purchase after visiting the website?

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Definitions:

Central Route

A pathway of persuasion based on the thoughtful and analytical consideration of arguments, leading to lasting attitude change.

Self-Esteem

An individual’s overall subjective emotional evaluation of their own worth, which can affect their mental health and motivation.

Self-Monitoring

The degree to which individuals regulate their behavior to fit social cues and contexts, often adjusting their actions and expressions to appeal to others.

Narrative Transportation Theory

A theory suggesting that when people lose themselves in a story, their attitudes and intentions can be changed to reflect that story.