Not all visitors to a certain company's website are ustomers. In fact, the website administrator estimates...
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Not all visitors to a certain company's website are ustomers. In fact, the website administrator estimates that about 5% of all visitors to the website are looking for other websites. Assuming that this estimate is correct, find the probability that, in a random sample of 5 visitors to the website, exactly 2 actually are looking for the website. Round your response to at least three decimal places. (If necessary, consult a list of formulas.) Not all visitors to a certain company's website are ustomers. In fact, the website administrator estimates that about 5% of all visitors to the website are looking for other websites. Assuming that this estimate is correct, find the probability that, in a random sample of 5 visitors to the website, exactly 2 actually are looking for the website. Round your response to at least three decimal places. (If necessary, consult a list of formulas.)
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Given that 5 of total visitors are looking for another website Let x is t... View the full answer
Related Book For
Fundamentals of Investments
ISBN: 978-0132926171
3rd edition
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
Posted Date:
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