7.17 The goal of corporate sustainability is to manage the environ-mental, economic, and social effects of a corporation's operationsso it is profitable over the long-term while acting in a responsiblemanner to society. An international study by Unilever reveals that33% of consumers are choosing to buy from brands they believe aredoing social or environmental good. Suppose you select a sample of 100 consumers.a. What is the probability that in the samnple fewer than 30% arechoosing to buy from brands they believe are doing social orenvironmental good?b. What is the probability that in the sample between 28% and38% are choosing to buy from brands they believe are doingsocial or environmental good?c. What is the probability that in the sample more than 38% arechoosing to buy from brands they believe are doing social orenvironmental good?d. If a sample of 400 is taken, how does this change your answersto (a) through (c)?

Note: Thank you for the question. Since multiple subparts are posted, according to our policy, we…

Suppose you select a sample of 100 consumers. a. What is the probability that in the sample fewer than 30% are choosing to buy from brands they believe are doing social or environmental good? b. What is the probability that in the sample between 28% and 38% are choosing to buy from brands they believe are doing social or environmental good? c. What is the probability that in the sample more than 38% are choosing to buy from brands they believe are doing social or environmental good? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?

Suppose you select a sample of 100 consumers. a. What is the probability that in the sample fewer than 30% are choosing to buy from brands they believe are doing social or environmental good? b. What is the probability that in the sample between 28% and 38% are choosing to buy from brands they believe are doing social or environmental good? c. What is the probability that in the sample more than 38% are choosing to buy from brands they believe are doing social or environmental good? d. If a sample of 400 is taken, how does this change your answers to (a) through (c)?

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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Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

100%

7.17 The goal of corporate sustainability is to manage the environ-
mental, economic, and social effects of a corporation's operations
so it is profitable over the long-term while acting in a responsible
manner to society. An international study by Unilever reveals that
33% of consumers are choosing to buy from brands they believe are
doing social or environmental good.

Suppose you select a sample of 100 consumers.
a. What is the probability that in the samnple fewer than 30% are
choosing to buy from brands they believe are doing social or
environmental good?
b. What is the probability that in the sample between 28% and
38% are choosing to buy from brands they believe are doing
social or environmental good?
c. What is the probability that in the sample more than 38% are
choosing to buy from brands they believe are doing social or
environmental good?
d. If a sample of 400 is taken, how does this change your answers
to (a) through (c)?

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