A bank report looks at what strategies and measures financial institutions are pursuing to provide mobile financial services to their customers. In a response to a survey question about barriers hindering greater consumer adoption of mobile banking, in a survey of 110 financial institutions, 77 said security concerns are a barrier, 65 said lack of trust in the technology is a barrier, and 11 said difficulty of use was a barrier. Complete parts B b . Construct a 95% confidence interval estimate of the population proportion of financial institutions who said that lack of trust is a barrier hindering greater consumer adoption of mobile banking.
A bank report looks at what strategies and measures financial institutions are pursuing to provide mobile financial services to their customers. In a response to a survey question about barriers hindering greater consumer adoption of mobile banking, in a survey of 110 financial institutions, 77 said security concerns are a barrier, 65 said lack of trust in the technology is a barrier, and 11 said difficulty of use was a barrier. Complete parts B b . Construct a 95% confidence interval estimate of the population proportion of financial institutions who said that lack of trust is a barrier hindering greater consumer adoption of mobile banking.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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enter your response here (Round to three decimal places
Transcribed Image Text:A bank report looks at what strategies and measures financial institutions
are pursuing to provide mobile financial services to their customers. In a
response to a survey question about barriers hindering greater consumer
adoption of mobile banking, in a survey of 110 financial institutions, 77
said security concerns are a barrier, 65 said lack of trust in the technology
is a barrier, and 11 said difficulty of use was a barrier. Complete parts B b
. Construct a 95% confidence interval estimate of the population
proportion of financial institutions who said that lack of trust is a barrier
hindering greater consumer adoption of mobile banking.
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