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A Clothing Vendor Estimates That 78 Out of Every 100

question 88

Multiple Choice

A clothing vendor estimates that 78 out of every 100 of its online customers do not live within 50 miles of one of its physical stores. Using this estimate, what is that probability that a a randomly selected online customer lives within 50 miles of a physical store?


Definitions:

United States

A country in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

Socialization

The process through which an organization communicates its values to new employees.

Organization

A group of people who work together in an organized way for a shared purpose.

Values

Core beliefs or principles that guide and motivate attitudes and actions, reflecting what is important to an individual or organization.

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