Question
What prevents consumers from sharing data with retailers? A recent survey found that 38% of consumers responded breaches of consumer data. Complete parts (a) through
What prevents consumers from sharing data with retailers? A recent survey found that 38%
of consumers responded "breaches of consumer data." Complete parts (a) through (c) below.
a. To conduct a follow-up study that would provide 95%
confidence that the point estimate is correct to within
plus or minus0.03
of the population proportion, how many consumers need to be sampled?
n=
(Round up to the nearest integer.)
b. To conduct a follow-up study that would provide 95% confidence that the point estimate is correct to within +0.08 of the population proportion n=
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started