credit card company surveys its customers to determine the number of times they use the card each month. There are 5,500 customers and 2,756 indicate that they use the card at least twice each month. Find the population proportion, as well as the mean and standard deviation of the sampling distribution for samples of size n=70 customers. Round all answers to 3 decimal places.
credit card company surveys its customers to determine the number of times they use the card each month. There are 5,500 customers and 2,756 indicate that they use the card at least twice each month. Find the population proportion, as well as the mean and standard deviation of the sampling distribution for samples of size n=70 customers. Round all answers to 3 decimal places.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 3CYU
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A credit card company surveys its customers to determine the number of times they use the card each month. There are 5,500 customers and 2,756 indicate that they use the card at least twice each month.
Find the population proportion, as well as the mean and standard deviation of the sampling distribution for samples of size n=70 customers.
Round all answers to 3 decimal places.
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