Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 12 Nov 2017 My Price 6.00

parts a–e correct

17. Catalog sales. A catalog sales company promises to de- liver orders placed on the Internet within 3 days. Follow- up calls to a few randomly selected customers show that a 95% confidence interval for the proportion of all orders that arrive on time is 88% ; 6%. What does this mean? Are the conclusions in parts a–e correct? Explain.

 

a) Between 82% and 94% of all orders arrive on time.

 

b) 95% of all random samples of customers will show that 88% of orders arrive on time.

 

c) 95% of all random samples of customers will show that 82% to 94% of orders arrive on time.

 

d) The company is 95% sure that between 82% and 94% of the orders placed by the customers in this sample arrived on time.

 

e) On 95% of the days, between 82% and 94% of the or- ders will arrive on time.

 

 

 


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Maurice Tutor
(5)
Status NEW Posted 12 Nov 2017 02:11 PM My Price 6.00

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