Question: A company experiments with different offers and website designs. Possible actions by the website include offering the customer an instant discount, offering the customer free

A company experiments with different offers and website designs. Possible actions by the website include offering the customer an instant discount, offering the customer free shipping, or doing nothing. The experiment found that customers make purchases 6% of the time when offered the instant discount, 8% when offered free shipping, and 2% when no special offer was given. Suppose 20% of the customers are offered the discount and an additional 40% of the customers are offered free shipping.

What percent of customers who visit the site made a purchase?

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 Mathematics Questions!