When a store uses electronic article surveillance (EAS) to combat shoplifting, it places a small sensor on
Question:
a. Assuming that the company's claim is valid, use the normal approximation to the binomial to calculate the probability that at least 40 of the 250 randomly selected consumers would say that they would never shop at that store again if they were subjected to a false alarm.
b. Do you believe the company's claim based on your answer to part a? Explain.
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Related Book For
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
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