THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 30

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 at least 210 of them will buy something from your firm? Use the normal approximation to the binomial.

• A)0.7549
• B)0.2549
• C)0.2451
• D)0.7451

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Definitions:

External Users

Individuals or entities outside a company, such as investors, creditors, regulators, and customers, who use the company's financial information to make decisions.

Accounting

The systematic process of recording, measuring, and communicating financial information about economic entities.

Recording

The act of documenting financial transactions in the books of accounts as part of the accounting process.