You are the webmaster for your firm's web-site. From your records, you know that the probability that
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Question:
You are the webmaster for your firm's web-site. From your records, you know that the probability that a visitor will buy something from your firm is 0.23. In one day, the number of visitors is 952.
What is the probability that less than 200 will buy something from your firm? Use the approximation to the binomial.
Related Book For
Essentials Of Modern Business Statistics With Microsoft Office Excel
ISBN: 9781337298353
7th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Posted Date: