TABLE 7-5 According to a Survey, Only 15% of Customers Who Visited

question 53

Short Answer

TABLE 7-5
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.
-Referring to Table 7-5, the mean of all the sample proportions of customers who will make a purchase after visiting the website is ________.

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Definitions:

Community

A group of individuals sharing common interests, values, or goals, often connected by geographic proximity, social ties, or online platforms.

Online Marketing

The use of online platforms to disseminate information about a company's identity, offerings, or services to prospective clients.

Clothing Store

A retail establishment that sells garments, footwear, and accessories to consumers.

Beacon Technology

A proximity-based technology that uses small wireless devices to transmit signals to nearby smart devices, enabling location-based services and personalized notifications.