What proportion of shoppers at a large appliance store actually makes a large-ticket purchase? To estimate this
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What proportion of shoppers at a large appliance store actually makes a large-ticket purchase? To estimate this proportion within 10% and be 95% confident of the results, how large a sample should you take? Assume you have no idea what proportion of all shoppers actually make a large-ticket purchase. Discuss.
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We use below formula when prior estimate of population proportion doesnt exists When ...View the full answer
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Rani yadav
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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