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In a Sample of 750 of Its Online Customers, a Department

question 250

Essay

In a sample of 750 of its online customers, a department store found that 420 were men.
Use this information to estimate the probability that a randomly selected online customer
is a man.


Definitions:

Euro

The official currency of 19 out of 27 European Union countries, symbolized as € and used as a major global currency.

U.S. Dollars

The official currency of the United States, used for most transactions and considered a standard measure of value.

Japanese Yen

Japanese Yen is the official currency of Japan, known internationally by the ISO code JPY.

U.S. Dollars

The currency of the United States of America, used as the standard unit of money in international trade and domestic transactions.

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