Question: Web visitors A website manager has noticed that during the evening hours, about 4 people per minute check out from their shopping cart and make

Web visitors A website manager has noticed that during the evening hours, about 4 people per minute check out from their shopping cart and make an online purchase.

She believes that each purchase is independent of the others and wants to model the number of purchases per minute.

a) What model might you suggest to model the number of purchases per minute?

b) What is the probability that in any one minute at least one purchase is made?

c) What is the probability that no one makes a purchase in the next two minutes?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Intro Stats Questions!

Q:

Web visitors A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is...

Q:

Web visitors. A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is...

Q:

Web visitors. A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is...

Q:

=+55. Web visitors. A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each...

Q:

Web visitors. A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is...

Q:

Web visitors. A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is...

Q:

=+65. Web visitors. A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each...

Q:

A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is independent...

Q:

A website manager has noticed that during the evening hours, about 3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is independent...

Q:

A website manager has noticed that during the evening hours, about 3.3 people per minute check out from their shopping cart and make an online purchase. She believes that each purchase is independent...

Q:

A researcher is investigating the effectiveness of a treatment for adolescent boys who are taking medication for depression. A group of 30 boys is selected and half receive the new treatment in...

Q:

Based on what you know about the emission and absorption of electromagnetic waves, suggest how gravitational waves are emitted and how they are absorbed. (Scientists seeking to detect gravitational...

Q:

On December 31, 2023, Hoover Company had 200,000 shares of common stock issued and outstanding. On April 1, 2024, Hoover purchased 40,000 shares of its common stock as treasury stock. Hoover issued a...

Q:

Is it correct to say that central banks have absolute control over their nations' money supplies? If so, how do central banks control the money supply? If not, explain why not.