As a manager you want to know how likely is it that somebody who enters the store will purchase something. You asked one of your employees to check how many of the people who come to the store buy something. During one afternoon out of 280 people who entered the store 70 actually bought something. a. Find the sample probability of purchase. b. Find 90% confidence interval for the sample probability of purchase. C. Find 95% confidence interval for the sample probability of purchase.
As a manager you want to know how likely is it that somebody who enters the store will purchase something. You asked one of your employees to check how many of the people who come to the store buy something. During one afternoon out of 280 people who entered the store 70 actually bought something. a. Find the sample probability of purchase. b. Find 90% confidence interval for the sample probability of purchase. C. Find 95% confidence interval for the sample probability of purchase.
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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