Question: What do you value most when shopping in a retail store? According to a survey, 27% of consumers value personalized experience most. a. Suppose that
What do you value most when shopping in a retail store? According to a survey, 27% of consumers value personalized experience most.
a. Suppose that the survey had a sample size of n=800. Construct a 95% confidence interval estimate for the population proportion of consumers that value personalized experience most when shopping in a retail store?
.2392 .3008-correct answer
(Round to four decimal places as needed.)
c. Assuming that the survey had a sample size of n=10,000. Construct a 95% confidence interval estimate for the population proportion of social media users that have purchased an item promoted by a celebrity on a social media site.
enter your response here enter your response here
(Round to four decimal places as needed.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
