In a sample of 1000 randomly selected consumers who had opportunities to send in a rebate claim form after purchasing a product, 410 of these people said they never did so. Reasons cited for their behavior included too many steps in the process, amount too small, missed deadline, fear of being placed on a mailing list, lost receipt, and doubts about receiving the money. What is the sample proportion?
In a sample of 1000 randomly selected consumers who had opportunities to send in a rebate claim form after purchasing a product, 410 of these people said they never did so. Reasons cited for their behavior included too many steps in the process, amount too small, missed deadline, fear of being placed on a mailing list, lost receipt, and doubts about receiving the money. What is the sample proportion?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In a sample of 1000 randomly selected consumers who had opportunities to send in a rebate claim form after purchasing a product, 410 of these people said they never did so. Reasons cited for their behavior included too many steps in the process, amount too small, missed deadline, fear of being placed on a mailing list, lost receipt, and doubts about receiving the money.
What is the sample proportion?
Expert Solution
Step 1
From the provided information,
Sample size (n) = 1000
From which 410 had opportunities to send in a rebate claim form after purchasing a product that is x = 410
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