Based on past data, the owner of a store believes that 83% of customers who walk in
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Question:
Based on past data, the owner of a store believes that 83% of customers who walk in his store will make a purchase.Say, a random sample of 63 customers walks in his store and 68% of these made a purchase. What is the standard deviation of the sampling distribution of the sample proportion of customers who walk in and make a purchase in this store?
a)0.00
b)0.05
c)0.06
d)0.00
e)-316.96
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Analytics Data Science And Artificial Intelligence Systems For Decision Support
ISBN: 9781292341552
11th Global Edition
Authors: Ramesh Sharda, Dursun Delen, Efraim Turban
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