Describe what is meant by bootstrap marketing

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1. Compute the 95% confidence intervals for the inventory of a series of 17 replications of the simulation of a system, where the average inventory is 34,576 units and the POPULATION standard deviation is 200.

2. Describe what is meant by bootstrap marketing and what objectives should a bootstrap marketing plan accomplish?

3. Compute the 95% confidence intervals for the inventory of a series of 17 replications of the simulation of a system, where the average inventory is 34,576 units and the SAMPLE standard deviation is 200. PLEASE SHOW WORK.

Reference no: EM132253609

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