Popular enough to make them money


A tour guide is trying to find out if fishing trips to Alaska would be popular enough to make them money. They need 3.5% of eligible people to go in order for it to be profitable trip. They survey 100 people and find out that 10% indicate they would go. The company knows that historically, the actual number that go is 50% of those that commit to go in surveys.

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Basic Statistics: Popular enough to make them money
Reference No:- TGS0861607

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