What do you value most when shopping in a retail store
Last updated: 6/5/2023
What do you value most when shopping in a retail store According to a survey 26 of consumers value personalized experience most Complete parts a through d below a Suppose that the survey had a sample size of n 900 Construct a 95 confidence interval estimate for the population proportion of consumers that value personalized experience most when shopping in a retail store 0 2313 ST 0 2887 Round to four decimal places as needed b Based on a can you claim that more than a quarter of all consumers value personalized experience most when shopping in a retail store OA Yes with 95 confidence because all the values contained in the confidence interval are greater than 0 25 B Yes with 95 confidence because the sample proportion is greater than a quarter and it falls within the limits of the confidence interval estimate A C No because a 95 confidence interval is not indicative of a guarantee A 99 9 confidence interval would be needed to make such a claim D No because the confidence interval contains proportion values that are less than 0 25 c Repeat parts a and b assuming that the survey had a sample size of n 10 000 Construct a 95 confidence interval estimate for the population proportion of social media users that have purchased an item promoted by a celebrity on a social media site SAS Round to four decimal places as needed