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:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations.

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents based on their biometric and demographic data.

Insurance Programs

Schemes offered by companies or governments to provide financial protection and risk management for individuals, properties, and liabilities.