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

+44 141 628 6080
[email protected]

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?

Request for Solution File

Ask an Expert for Answer!!

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

Reference No:- TGS0119491

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Basic Statistics

Q : Difference in the use of the four entrances

To investigate, 400 people were observed entering the building. The number using each entrance is reported below. At the .01 significance level, is there a difference in the use of the four entrances?

Q : Determine the accuracy of the statistic

A Rollercoaster's auditors estimate that the average daily loss from those illegally riding without tickets is never more than $200, but wants to determine the accuracy of this statistic. The company researcher takes a random sample of losses over

Q : Correspondence between age and accidents

The mall carousel has a set of data with rider's age (X) and the corresponding number of on-the-ride-accidents. Analysis on the set finds that the regression equation is Y=175-4.9X. a. What can be said of the correspondence between age and accident

Q : Actual population percentage of packages delivered damaged

You are the shipping manager at the Postham Company. You are interested in the percentage of packages delivered damaged. A simple random sample of 500 packages yields 16 delivered damaged and 484 delivered undamaged. How many packages should be s

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

Q : Automobile damage liability

Suppose an Insurance company reports that approximately 85% of all automobile damage liability claims were made by people less than 25 years of age. A random sample of six automobile insurance liability claims is under study. Make a histogram sho

Q : Elements of police organizational structure

Write a two-page research paper on a recent trend or issue in policing (National incident management system, incident command system, immigration, intelligence-led policing, terrorism, etc.).

Q : Calculate the correlation coefficients

One of the stores is a proud sponsor of the college soccer team. They constantly try to raise money for the team and they want to determine if there is any type of relationship between the amount of contribution and the years that the alumnus has

Q : Identify the average age of its consumers

The makers of a soft drink want to identify the average age of its consumers. A sample of 16 consumers is taken.

1940213

Questions
Asked

3,689

Active Tutors

1446804

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

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

How teenagers in an impoverished urban area spend their time

Identify one antecedent, one behaviour, and one consequence

Discussion about the nature versus nurture

Discuss three ethical guidelines that are important

Problem regarding the america youth and social media

Examine historical literature to the most current period

Identify a specific theory of cognitive or moral development

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

Asked Questions