A survey was conducted to investigate the usage of Islamic banking products among Muslim consumers in a particular country. The sample consisted of 1000 Muslim consumers, with 600 (250 male & 350 female) respondents indicating that they used Islamic banking products and 400 respondents (180 male & 220 female) indicating that they did not use such products. a) Using a significance level of 0.05, can we conclude that there is a difference between genders in using Islamic banking products? b) What is your recommendation to the Islamic banks about their marketing strategy based on the experiment?.

A survey was conducted to investigate the usage of Islamic banking products among Muslim consumers in a particular country. The sample consisted of 1000 Muslim consumers, with 600 (250 male & 350 female) respondents indicating that they used Islamic banking products and 400 respondents (180 male & 220 female) indicating that they did not use such products. a) Using a significance level of 0.05, can we conclude that there is a difference between genders in using Islamic banking products? b) What is your recommendation to the Islamic banks about their marketing strategy based on the experiment?.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.3: Measures Of Spread

Problem 1GP

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