Question
please show work!
An e-commerce Web site claims that 6% of people who visit the site make a purchase. Complete parts a through e below based on
0 0
Add a comment Improve this question Transcribed image text
Answer #1

wisit 6%. people who The claim is th at purchase , welksite, makes the 15 13D х those 15 th at no. of people out molkes a pur|-P(X <i) P(x > 1) c). P(x = 1) P(x = 0) 0.3785 O: 3953 0.226 2

d.Distribution Plot Binomial, n=15, p=0.06 0.4 0.3 0.2 0.1 0.0 Probability 2.

The probability of any 5<X<16 is negligible.

Add a comment
Know the answer?
Add Answer to:
please show work! An e-commerce Web site claims that 6% of people who visit the site...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Assume that the traffic to the web site of Smiley’s People,Inc., which sells customized T-shirts,...

    Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.44 million visitors per day and a standard deviation of 740,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more visitors in...

  • Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts,...

    Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.54 million visitors per day and a standard deviation of 860,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more...

  • Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts,...

    Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.48 million visitors per day and a standard deviation of 820,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or more...

  • eBook Assume that the traffic to the web site of Smiley's People, Inc., which sells customized...

    eBook Assume that the traffic to the web site of Smiley's People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.58 million visitors per day and a standard deviation of 900,000 visitors per day. (a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits. (b) What is the probability that the web site has 3 million or...

  • According to a survey, only 15% of customers who visited the web site of a major...

    According to a survey, only 15% of customers who visited the web site of a major retail store made a purchase. What is the probability that a random sample of 50 will have at least 30% of customers who will make a purchase after visiting the web site? a. 0.9985 b. 0.4984 c. 0.0016 d. 0.9984 e. 0.0015

  • please answer all parts!!​ A web site experiences traffic during normal working hours at a rate...

    please answer all parts!!​ A web site experiences traffic during normal working hours at a rate of fifteen visits per hour. Assume that the duration between visits has the exponential distribution (a) Find the probability that the duration between two successive visits to the web site is more than ten minutes. (Round your answer to four decimal places.) 00821 b) The top 25% f durations between visits are at least how long? (Round your answer to two decimal places. 1.15...

  • Select an e-commerce company. Visit its Web site and describe its business model based on the...

    Select an e-commerce company. Visit its Web site and describe its business model based on the information you find there. Identify its customer value proposition, its revenue model, the market space it operates in, who its main competitors are, any comparative advantages you believe the company possesses and what its market strategy appears to be. Also try to locate information about the company’s management team and organizational structure. (Check for a page labeled “the Company”, “About Us” or something similar.)

  • The number of hits to a Web site follows a Poisson process. Hits occur at the...

    The number of hits to a Web site follows a Poisson process. Hits occur at the rate of 1.0 per minute between 7:00 P.M. and 12:00 P.M. Given below are three scenarios for the number of hits to the Web site. Compute the probability of each scenario between 9:10 P.M. and 9:13 P.M. and interpret the results. (a) exactly four hits (b) fewer than four hits (c) at least four hits (a) P(4) = (Round to four decimal places as...

  • According to a survey of 25,000 households. 49% of the people watching a special event on...

    According to a survey of 25,000 households. 49% of the people watching a special event on TV enoyed the commercials more than the event tsell. Complete parts a through e below based on a random sample of nine people who watched the special event a. What is the probability that exactly three people enjoyed the commercials more than the event? The probability is (Round to four decimal places as needed) b. What is the probability that less than four people...

  • Visit your local library: On a recent Saturday, a total of 1480 people visited a local...

    Visit your local library: On a recent Saturday, a total of 1480 people visited a local library. Of these people, 251were under age10, 453 were aged 10-18, 165 were aged 19-30, and the rest were more than 30 years old. One person is sampled at random. (a) What is the probability that the person is less than 19 years old?Round your answer to four decimal places. (b) What is the probability that the person is more than 30 years old?...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT