https://docs.google.com/spreadsheets/d/1EKb7tkZnfGm3SNUwKxAhurdDOxFxs9Kbapk_2QlfAa4/edit?usp=sharing Online use: 1 = uses online banking; 0= does not use online banking.ÞAge buckets are as follows: 1 = less than 15 years; 2 = 15-24 years; 3 = 25-34 years; 4 = 35-44 years; 5 = 45-54 years; 6 = 55-64years; 7 = 65 years and older.CIncome buckets are as follows: 1 = less than $15,000; 2 = $15,000-$19,999; 3 = $20,000-$29,999; 4 = $30,000-$39,999; 5 = $40,000-$49,999; 6 = $50,000-$74,999; 7 = $75,000-$99,999; 8 = $100,000-$124,999; 9 = $125,000 and more. A market research firm conducts telephone surveys and the historical population proportion responserate (Hint: the population proportion (parameter) is KNOWN for this problem) for surveys is known to be0.43 (i.e., the population response rate parameter p = 0.43 is known). Assume the firm surveys a total of500 customers during a project. What is the probability that 225 customers or LESS (out of 500 surveyed)will respond to the survey?About 22.5%0.50.7470.817

Name: https://docs.google.com/spreadsheets/d/1EKb7tkZnfGm3SNUwKxAhurdDOxFxs9
Uploaded: 2024-03-20T06:46:14.000Z
Channel: Bartleby
Description: https://docs.google.com/spreadsheets/d/1EKb7tkZnfGm3SNUwKxAhurdDOxFxs9Kbapk_2QlfAa4/edit?usp=sharing Online use: 1 = uses online banking; 0= does not use online banking.ÞAge buckets are as follows: 1 = less than 15 years; 2 = 15-24 years; 3 = 25-34 y