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The Owner of a Pet Store Is Trying to Decide

question 76

Essay

The owner of a pet store is trying to decide whether to discontinue selling specialty clothes for pets. She suspects that only 4% of the customers buy specialty clothes for their pets and thinks that she might be able to replace the clothes with more interesting and profitable items on the shelves. Before making a final decision she decides to keep track of the total number of customers for a day, and whether they purchase specialty clothes for their pet.
-What is the probability that she does not sell a garment until the 7th customer? Show work.


Definitions:

Perfect Correlation

A statistical relationship where two variables move in sync, either always increasing or decreasing together, represented by a correlation coefficient of +1 or -1.

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases.

Outdoor Activities

Recreational or leisure activities that take place in natural settings, promoting physical health and well-being.

Video Games

Electronic games played through various devices, providing entertainment and sometimes educational content through interactive digital environments.

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