On the basis of past experience, the store manager of a clothing store estimates the probability that any one customer will make a purchase is 30%. What is the probability that exactly one of next three customers will make a purchase. Suppose that next month the store forecasts 1000 customers will enter the store, what is the expected number of customer who will make a purchase? For the next 1000 customers entering the store, the variance for the number of customer who will make a purchase is:

On the basis of past experience, the store manager of a clothing store estimates the probability that any one customer will make a purchase is 30%. What is the probability that exactly one of next three customers will make a purchase. Suppose that next month the store forecasts 1000 customers will enter the store, what is the expected number of customer who will make a purchase? For the next 1000 customers entering the store, the variance for the number of customer who will make a purchase is:

Name: On the basis of past experience, the store manager of a clothing stor
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Description: On the basis of past experience, the store manager of a clothing store estimates theprobability that any one customer will make a purchase is 30%.What is the probability that exactly one of next three customers will make apurchase.Suppose that next

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

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