Essay
A retail store manager is trying to improve and control the rate at which cashiers sign customers up
for store credit cards.Suppose the manager takes 10 samples,each with 100 observations.The p-bar
value is found to be .05,and the manager does not want a lower limit below .0064.What z-value would this imply,and how confident can she be that the true lower limit is greater than or equal to .0064?
Correct Answer:
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Sigma-p = sqrt (.05*(1 - .05)/100)= .021...View Answer
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Correct Answer:
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