Question
70% of your customers are repeat customers. You are interested in determining some probabilities related to a sample of 40 of your customers. Which one
70% of your customers are repeat customers. You are interested in determining some probabilities related to a sample of 40 of your customers. Which one of the following would give you the correct standard error to use in problems of this type?
40/SQRT(0.70)
=SQRT(0.70*0.30/40)
=0.70/SQRT(40)
=0.70*40
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College Algebra
Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
12th edition
134697022, 9780134313795 , 978-0134697024
