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

question 104

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 more than what percentage of customers who will make a purchase after visiting the website?

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Definitions:

Elderly Years

The period of life characterized by ages 65 and above, often associated with retirement and increased health care needs.

Marital Capital

Financial and emotional benefits built up during a long-standing marriage, which tend to hold a couple together.

Financial Resources

Assets in the form of money or other valuables that an individual or entity can access or utilize for economic transactions or investments.

Emotional Bond

A deep connection between individuals characterized by feelings of attachment, love, trust, and understanding.