Market-share-analysis company Net Applications monitors and reports on Internetbrowser usage. According to Net Applications, in the summer of 2014, google’s Chromebrowser exceeded a 20% market share for the first time, with a 20.37% share of thebrowser market (Forbes website, December 15, 2014). for a randomly selected group of20 Internet browser users, answer the following questions.a. Compute the probability that exactly 8 of the 20 Internet browser users use Chromeas their Internet browser.
Market-share-analysis company Net Applications monitors and reports on Internetbrowser usage. According to Net Applications, in the summer of 2014, google’s Chromebrowser exceeded a 20% market share for the first time, with a 20.37% share of thebrowser market (Forbes website, December 15, 2014). for a randomly selected group of20 Internet browser users, answer the following questions.a. Compute the probability that exactly 8 of the 20 Internet browser users use Chromeas their Internet browser.
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
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Market-share-analysis company Net Applications monitors and reports on Internet
browser usage. According to Net Applications, in the summer of 2014, google’s Chrome
browser exceeded a 20% market share for the first time, with a 20.37% share of the
browser market (Forbes website, December 15, 2014). for a randomly selected group of
20 Internet browser users, answer the following questions.
a. Compute the probability that exactly 8 of the 20 Internet browser users use Chrome
as their Internet browser.
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