THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 2

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You are the webmaster for your firm's web-site.From your records,you know that the probability that a visitor will buy something from your firm is 0.23.In one day,the number of visitors is 952.
-What is the probability that less than 200 of them will buy something from your firm? Use the normal approximation to the binomial.

• A)0.4279
• B)0.5721
• C)0.9279
• D)0.0721

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Definitions:

Middle Managers

Organizational employees who oversee the work of junior staff while reporting to higher management, acting as a linkage within the management hierarchy.

Integrating Mechanisms

Methods or processes used to ensure different departments or units within an organization work together effectively towards common goals.

Differentiation

The process of distinguishing a product, service, or brand from its competitors by emphasizing unique features or attributes.