SCENARIO 7-8 According to a Survey,only 15% of Customers Who Visited the Visited

question 178

Short Answer

SCENARIO 7-8
According to a survey,only 15% of customers who visited the web site 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 Scenario 7-8,90% of the samples will have less than what percentage of customers who will make a purchase after visiting the web site?

---

Definitions:

Knowledge, Skills, Abilities, and Other Characteristics (KSAOs)

The attributes required for successful performance in a job, including theoretical or practical understanding, learned capacities, innate capabilities, and other personal traits.

Tasks, Duties, Responsibilities (TDRs)

A comprehensive outline of the tasks, duties, and responsibilities associated with a particular job or position.

Work Flow Analysis

The study of the way work moves through an organization in order to improve efficiency and productivity.

Mental Demands

The cognitive and psychological efforts required by a job, including concentration, decision-making, memory, and problem-solving capabilities.