Question: Suppose you want to estimate the probability that a randomly selected customer at a particular grocery store will pay by credit card. Over the past
Suppose you want to estimate the probability that a randomly selected customer at a particular grocery store will pay by credit card. Over the past 3 months, 80,500 payments were made, and 37,100 of them were paid for by credit card. What is the estimated probability that a randomly selected customer will pay by credit card? Additional Exercises
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