An online bookseller is considering selling an e-reader but will only do so if they have evidence that the proportion of customers that will likely purchase one is at least 0.4. Based on a survey of 25 customers, it was found that 8 of them stated that they would likely purchase an e-reader. what should the bookseller do?
An online bookseller is considering selling an e-reader but will only do so if they have evidence that the proportion of customers that will likely purchase one is at least 0.4. Based on a survey of 25 customers, it was found that 8 of them stated that they would likely purchase an e-reader. what should the bookseller do?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 9CYU
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An online bookseller is considering selling an e-reader but will only do so if they have evidence that the proportion of customers that will likely purchase one is at least 0.4. Based on a survey of 25 customers, it was found that 8 of them stated that they would likely purchase an e-reader. what should the bookseller do?
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