Suppose the Likelihood That Someone Who Logs onto a Particular

question 221

Multiple Choice

Suppose the likelihood that someone who logs onto a particular site on the Internet will purchase an item is 0.10.If the site has 200 people accessing it in the next day,what is the probability that less than 24 customers will make a purchase?

• A)0.5008
• B)0.1736
• C)0.8264
• D)0.2461

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Definitions:

Evaluate

To ascertain or determine the value or amount of; to judge or assess.

Human Memory Model

A framework describing how memory processes information, including stages like encoding, storage, and retrieval.

Average Score

The sum of all scores divided by the number of scores, used to determine a central or typical value in a set of data.

Months

Units of time, approximately 30 to 31 days in length, used to measure durations and organize the calendar year.