subject
Mathematics, 24.12.2019 05:31 samueldfhung

Amarket-research firm was hired to determine the percentage of people in a market area who would purchase a client’s magazine if a door-to-door sales campaign were undertaken. the firm stated that 40% would buy if contacted at home. suppose the marketing company has tried the sales campaign at 300 randomly selected homes. assuming the market research was done properly and the 40% is representative, how many sales are expected if the publisher attempts to sell to 5,000 homes? if the market research was accurate, what is the probability that fewer than 100 individuals will buy? use the normal approximation to the binomial. suppose that the publisher actually sells the magazine to 70 people out of the 300 contacted. what would you conclude about the market research? about the campaign?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:50
Provide an example of a trigonometric function and describe how it is transformed from the standard trigonometric function f(x) = sin x, f(x) = cos x, or f(x) tan x using key features.
Answers: 3
question
Mathematics, 21.06.2019 18:00
Jada has a monthly budget for her cell phone bill. last month she spent 120% of her budget, and the bill was 60$. what is jada’s monthly budget
Answers: 2
question
Mathematics, 21.06.2019 19:10
Can some one me with these questions
Answers: 2
question
Mathematics, 21.06.2019 23:30
Which expression gives the exact value of x?
Answers: 3
You know the right answer?
Amarket-research firm was hired to determine the percentage of people in a market area who would pur...
Questions
question
Mathematics, 05.05.2020 18:08
question
Mathematics, 05.05.2020 18:08
question
English, 05.05.2020 18:08
question
Mathematics, 05.05.2020 18:08
Questions on the website: 13722363