Question: O RANDOM VARIABLES AND DISTRIBUTIONS Audrey Binomial problems: Mean and standard deviation Expan Not all visitors to a certain company's website are customers or potential

 O RANDOM VARIABLES AND DISTRIBUTIONS Audrey Binomial problems: Mean and standard

O RANDOM VARIABLES AND DISTRIBUTIONS Audrey Binomial problems: Mean and standard deviation Expan Not all visitors to a certain company's website are customers or potential customers. In fact, the company's executives estimate that about 3 % of all visitors to the website are looking for other websites. Assume that this estimate is correct and that a random sample of 40 visitors to the website is taken. Answer the following. (If necessary, consult a list of formulas.) (a) Estimate the number of visitors in the sample who actually are looking for the company's website by giving the X 5 mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response. 0 (b) Quantify the uncertainty of your estimate by giving the standard deviation of the distribution, Round your response to at least three decimal places. 0 M

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