One hundred customers visit a Web site during a 15-minute period. The number of these customers who
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One hundred customers visit a Web site during a 15-minute period. The number of these customers who make a purchase is modeled as a binomial random variable with n = 100 and p = 0.05. What model should be used for the number of customers who do not make a purchase?
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780134497167
3rd Edition
Authors: Robert A. Stine, Dean Foster
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