Question

In: Statistics and Probability

The digital centre in Washah Bank is interested to introduce a digital Islamic social finance platform...

The digital centre in Washah Bank is interested to introduce a digital Islamic social finance platform for their customers. The digital centre conducted a survey to explore the appetite of the clients to use the digital platform for donation. 40 out of 80 of clients in age 31 to 40 are interested to use the platform. 53 out of 100 of the clients between 21 to 30 are interested to use the platform. Do the younger generation have more appetite to use digital platform for donation? (Use 0.05 level of significance)

Solutions

Expert Solution


Related Solutions

Awareness about Islamic finance in the UAE or Gulf from the perspective of an islamic bank...
Awareness about Islamic finance in the UAE or Gulf from the perspective of an islamic bank and a conventional one, how do they differ from each other ?
In what ways could Islamic finance be considered an alternative to conventional finance? Is Islamic finance...
In what ways could Islamic finance be considered an alternative to conventional finance? Is Islamic finance a viable alternative to conventional finance?
What are the main reasons for a Central bank to introduce a digital currency? (something finding...
What are the main reasons for a Central bank to introduce a digital currency? (something finding form data and website, 500 words to be detailed, could include tables and charts)
KKR is rigorously evaluating the acquisition of Monzo, a London-based digital-only bank platform. The cost of...
KKR is rigorously evaluating the acquisition of Monzo, a London-based digital-only bank platform. The cost of the acquisition will be £16.9 Million. The projected cash flows from the project will be £4.5 Million for the next six years. The dollar required return is 12% per year and the current exchange rate is £1.16. In addition, KKR has received the recent Market Economic Research Report from Merrill Lynch confirming that Eurodollar rate is closer to 6.5%, while the Euro-pound rate is...
what are the practicabilities of Islamic finance in current finance market?
what are the practicabilities of Islamic finance in current finance market?
This question is about Evaluating a Social Media Platform: Research on a social media platform, evaluate...
This question is about Evaluating a Social Media Platform: Research on a social media platform, evaluate it's importance for globalization.
Suggest how to develop the Islamic Finance in Labuan.
Suggest how to develop the Islamic Finance in Labuan.
As an industry, Islamic finance and more specifically Islamic banking, has been criticized for neglecting the...
As an industry, Islamic finance and more specifically Islamic banking, has been criticized for neglecting the profit and loss sharing (P.L.S.) model originally intended as its main mode of operation by the theorists of Islamic economics and focusing more on sale-based and lease-based models. Do you think that such a criticism is justified? why or why not?
1. Title of the essay: How is Conventional Finance Differs from Islamic Finance. It is a...
1. Title of the essay: How is Conventional Finance Differs from Islamic Finance. It is a group essay consisting of 4 students in a group. Word length of the essay: Maximum 2000 words 2. Please do brainstorm briefly with your group members for supporting ideas, an approach for the introduction, and  organization of the paragraphs. Clustering, and a brief outline can help your writing. 3. Make sure the introduction has a clear thesis statement, located at the end of the first...
Prince George Native Friendship Centre The Prince George Native Friendship Centre (PGNFC ) is a social...
Prince George Native Friendship Centre The Prince George Native Friendship Centre (PGNFC ) is a social service agency whose mission is to "facilitate individual , family and community growth through the power of friendship .PGNFC has four meeting rooms which can be rented out and used for community events . Their social enterprise is their Gathering Place Hospitality and Catering services , based out of their Smokehouse Kitchen , which operates an employment training program . Offsite catering customers have...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT