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What Percent of Gen Z Have a Payment App on Their Phone? & DATA CRUNCH: What Are the Trends in Non-Cash Payments?

a) 25%
b) 45%
c) 60%
d) 75%

User Leowang
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1 Answer

4 votes

Final answer:

A survey aims to find out if more than 30% of teens use a photo-sharing app, reflecting the payment and social media trends of Generation Z.

Step-by-step explanation:

The question relates to a survey regarding the usage of social media and payment apps by Generation Z. It is attempting to gauge the percentage of Gen Z individuals who have a payment app on their phone. The survey presents a hypothesis about the prevalence of social media app usage to share pictures, aiming to determine if there is sufficient evidence to suggest that more than 30 percent of teens use this app. The results of such a survey could reflect broader non-cash payment trends and the social media habits of younger citizens, especially pertinent to Gen Z and Millennials. Conducting surveys like this can be challenging, as these groups are less likely to respond to unknown calls due to their predilection for texting and the usage of cell phones not tied to geographic areas.

User Laurence Gonsalves
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