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Instruction 7.6 Online Customer Service Is a Key Element to Successful Online

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Instruction 7.6
Online customer service is a key element to successful online retailing. According to a marketing survey, 37.5% of online customers take advantage of the online customer service. Random samples of 200 customers are selected.
-Referring to Instruction 7.6,95% of the samples proportions symmetrically around the population proportion will have between _________ % and _________ % of the customers who take advantage of online customer service.


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Option Payoffs

The potential return or outcomes from holding or exercising an options contract.

Call Profits

Profits realized from exercising call options, where the investor has the right to buy an asset at a predetermined price before the option expires.

Exercise Price

The predetermined price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.

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