Solution:- Given that n = 978, free shipping p1 = 0.26, offering
discounts p2 = 0.19, reiews = 0.07
Z = 1.96
a. 95% confidence interval for the population proportion : p1
+/- Z*sqrt(p1*q1/n)
= 0.26 +/- 1.96*sqrt(0.26*0.74/978)
= 0.233 , 0.287
b. 95% confidence interval for the population proportion :
= 0.19 +/- 1.96*sqrt(0.19*0.81/978)
= 0.165 , 0.215
c. 95% confidence interval for the population proportion :
= 0.07 +/- 1.96*sqrt(0.07*0.93/978)
= 0.054 , 0.086
d.
n = (Z/E)^2*p*q
for (a) n = (1.96/0.03)^2*0.26*0.74 = 821.248 = 822
for (b) n = (1.96/0.03)^2*0.19*0.81 = 656.913 = 657
for (c) n = (1.96/0.03)^2*0.07*0.93 = 277.876 = 278
A survey of 978 online shoppers was conducted In response to the question of what would...
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