Estimate proportion of customers who buy at least two items, Basic Statistics

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Estimate proportion of customers who buy at least two items

A confidence interval of 90% was used to estimate the proportion of customers who buy at least two items during their shopping mall experience. A random sample of 200 customers produced the following confidence interval:

35% +/- 7%. What is the best way to explain these results?

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Basic Statistics: Estimate proportion of customers who buy at least two items

Reference No:- TGS0119491

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Estimate proportion of customers who buy at least two items

Reference No:- TGS0119491

Have a Question? (oR Write a Review)

Recent Questions Asked Basic Statistics

Q : Difference in the use of the four entrances

Q : Determine the accuracy of the statistic

Q : Correspondence between age and accidents

Q : Actual population percentage of packages delivered damaged

Q : Estimate proportion of customers who buy at least two items

Q : Automobile damage liability

Q : Elements of police organizational structure

Q : Calculate the correlation coefficients

Q : Identify the average age of its consumers

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Estimate proportion of customers who buy at least two items

Reference No:- TGS0119491

Recent Questions Asked Basic Statistics

Q : Difference in the use of the four entrances

Q : Determine the accuracy of the statistic

Q : Correspondence between age and accidents

Q : Actual population percentage of packages delivered damaged

Q : Estimate proportion of customers who buy at least two items

Q : Automobile damage liability

Q : Elements of police organizational structure

Q : Calculate the correlation coefficients

Q : Identify the average age of its consumers

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