THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 22

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
It has been found that 62.1% of all unsolicited third class mail delivered to households goes unread.Over the course of a month,a household receives 100 pieces of unsolicited mail.
-What is the mean of the sample proportion of pieces of unread mail?

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Definitions:

M-commerce

Describes the conducting of commercial transactions using mobile devices, emphasizing the growing trend of using smartphones for shopping and payments.

Web Developer

A professional who specializes in the development of websites and web applications, focusing on aspects such as design, functionality, and user experience.

Smartphones

Mobile phones that offer advanced features beyond making calls and sending text messages, including internet access, apps, and multimedia capabilities.

Share Of Wallet

The proportion of a customer's total spending that is captured by a business, indicating the business's relative importance to the customer.