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Last Year,10 Percent of All Teenagers in Greenville Purchased a New

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Last year,10 percent of all teenagers in Greenville purchased a new iPhone.This year,a sample of 260 randomly chosen Greenville teenagers showed that 39 had purchased a new iPhone.To test whether the percentage has risen,the p-value is approximately


Definitions:

Risk Management

involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the impact of unforeseen events.

CRM

Customer Relationship Management, a strategy for managing an organization's relationships and interactions with current and future customers.

Holistic View

An approach that considers all factors of a situation or system, understanding their interconnectedness and implications.

Customer

An individual or entity that purchases goods or services from another individual or entity.

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