Question

Alex sells mens and womans shoes . He is considering selling children shoes. He randomly ask 120 customers to participate in a survey. The results were 42 customers said the would buy the children shoes and 78 said no. Alex has about 440 costumers a month . Based on the results which value is the best estimate of the number of that would shop for children shoes during the average month /

Answer 1

Answer:

An estimate of 154 customers

Step-by-step explanation:

Alex plans on selling Children's shoes alongside men and women's.

After conducting the customer survey with 120 random customers he found out that:

42 of the 120 customers Will buy Children's shoes

78 of the 120 customers will not buy

We find the percentage of the customers that will buy and will not buy;

% of customers that will buy= 42/120 × 100 = 35%

% of customers that will not buy= 78/120 × 100 = 65%

This means that based on the survey result, 35% of the customers he surveyed will buy Children's shoes while the remaining 65% won't buy.

Now, if Alex is patronized by about 440 customers in a month, to determine the number of customers that will buy Children's shoes per month based on the survey conducted, we use the percentage i.e.

Estimated number of Alex's customers that will buy Children's shoes per month=

35/100 × 440 = 154.

Hence, about 154 out of Alex's 440 monthly customers will buy the Children's shoes.