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

question 175

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 standard deviation of all the sample proportions of customers who will make a purchase after visiting the website is ________.

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Definitions:

Rights Offerings

A corporate approach to raising capital by giving existing shareholders the opportunity to buy additional shares directly from the company at a predetermined price, usually at a discount.

Industrialized Nations

Countries with developed economies characterized by significant levels of industrial output and infrastructure.

Canada

A country in North America, known for its vast landscapes, multicultural cities, and strong economy.