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 126 financial institutions, 85 said security concerns are a barrier, 71 said lack of trust in the technology is a barrier, and 18 said difficulty of use was a barrier. Compiete parts (a) through (d) below a. Construct a 90% confidence interval estimate of the population proportion of financial institutions who said that security concems are a barrier hindering greater consumer adoption of mobile banking sas (Round to three decimal places as needed.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Cybersecurity is a critical business issue that demands the attention of business and IT executives. According to a recent study, 67% of surveyed business and IT
executives reported phishing scams at their institutions. Complete parts (a) and (b) below.
a. If you conduct a follow-up study to estimate the population proportion of business and IT executives reporting phishing scams at their institutions, would you use a
of 0.67 or 0.50 in the sample size formula?
OA. Usex0.50 because this value will produce the greater sample size.
B. Use t=0.67 because this value is an educated estimate of x.
OC. Use x 0.67 because this value will produce the greater sample size
D. Use x=0.50 because this value is an educated estimate of a
Transcribed Image Text:Cybersecurity is a critical business issue that demands the attention of business and IT executives. According to a recent study, 67% of surveyed business and IT executives reported phishing scams at their institutions. Complete parts (a) and (b) below. a. If you conduct a follow-up study to estimate the population proportion of business and IT executives reporting phishing scams at their institutions, would you use a of 0.67 or 0.50 in the sample size formula? OA. Usex0.50 because this value will produce the greater sample size. B. Use t=0.67 because this value is an educated estimate of x. OC. Use x 0.67 because this value will produce the greater sample size D. Use x=0.50 because this value is an educated estimate of a
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 126 financial institutions, 85 said security concerns are a
barrier, 71 said lack of trust in the technology is a barrier, and 18 said difficulty of use was a barrier. Compiete parts (a) through (d) below
a. Construct a 90% confidence interval estimate of the population proportion of financial institutions who said that security concems are a barrier hindering greater
consumer adoption of mobile banking
sas (Round to three decimal places as needed.)
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 126 financial institutions, 85 said security concerns are a barrier, 71 said lack of trust in the technology is a barrier, and 18 said difficulty of use was a barrier. Compiete parts (a) through (d) below a. Construct a 90% confidence interval estimate of the population proportion of financial institutions who said that security concems are a barrier hindering greater consumer adoption of mobile banking sas (Round to three decimal places as needed.)
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman