Not all visitors to a certain company's website are customers or potential customers. In fact, the company's executives estimate that about 10% 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 mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response. (b) Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
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Not all visitors to a certain company's website are customers or potential customers. In fact, the company's executives estimate that about 10% 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
mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your
response.
(b) Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response
to at least three decimal places.
Transcribed Image Text:Not all visitors to a certain company's website are customers or potential customers. In fact, the company's executives estimate that about 10% 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 mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response. (b) Quantify the uncertainty of your estimate by giving the standard deviation of the distribution. Round your response to at least three decimal places.
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